Gap Relief

Analysis

Gap Relief is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Gap Relief reported income of $1.2m and spending of $1.2m, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $262k to $1.2m (+371%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gap Relief sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Innovative Health Solutions ($1.2m), Ohio Valley Home Health Services Inc ($1.2m) and Cerebral Palsy Center for Handicapped Adults Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $244k (21% of expenses). At year end it held assets of $453k against liabilities of $14k, net assets of $439k. It reported 5 employees.