Ministry Gateway

Analysis

Ministry Gateway is a registered charity in United States, based in Lewisville, NC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ministry Gateway reported income of $80k and spending of $110k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $80k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 135% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministry Gateway sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Hawaii Daishin Kyokai ($80k), Whole Heart Family Ministries Inc ($80k) and Hebron Believers Assembly ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $408, net assets of $31k.