Gateway Healthcare

Analysis

Gateway Healthcare is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover health care, 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, Gateway Healthcare reported income of $214k and spending of $329k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $221k to $214k (-3.0%), an average of -3.0% a year. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gateway Healthcare sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include CWC Alliance Inc ($214k), Brain Health Initiative Inc ($214k) and Rawlins County Health Center Foundation ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $141k. At year end it held assets of $37k against liabilities of $77k, net assets of -$40k. It reported 8 employees.