Gamble House Conservancy

Analysis

Gamble House Conservancy is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Gamble House Conservancy reported income of $1.5m and spending of $1.4m, spending 95% of its income. Across the 4 years on record, from December 2019 to September 2023, income grew from $309k to $1.5m (+370%), an average of +68% a year. The sharpest change came in the year to December 2020, when income rose by 349%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gamble House Conservancy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include President Lincolns Cottage at the Soldiers Home ($1.5m), Jacksonville Arts and Music School ($1.5m) and Go Workshop ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 35% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $144k (10% of expenses). Other salaries and wages came to $475k. It paid $40k in professional fundraising fees. At year end it held assets of $11.6m against liabilities of $183k, net assets of $11.5m. It reported 8 employees.