Gather1

Analysis

Gather1 is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Gather1 reported income of $433k and spending of $474k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $214k to $433k (+102%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Gather1 sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Homestay Teachers Volunteer Organization Inc ($432k), Highland Support Project ($433k) and Peri Support Fund Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (11% of expenses). Other salaries and wages came to $24k. At year end it held assets of $71k against liabilities of $200, net assets of $71k. It reported 3 employees.