Gaining Ground Corporation

Analysis

Gaining Ground Corporation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Gaining Ground Corporation reported income of $772k and spending of $507k, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $98k to $772k (+689%), an average of +99% a year. The sharpest change came in the year to December 2020, when income rose by 256%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gaining Ground Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OK. Charities of a similar size with the same main cause include Virginia Christian College ($771k), Indiana University Psychiatric Associates Inc ($772k) and Grateful Heart Holistic Therapycenter ($771k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $180k (35% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 42 employees.