Gateway Medical Alliance

Analysis

Gateway Medical Alliance is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Medical Alliance reported income of $4.6m and spending of $4.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.6m (+49%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gateway Medical Alliance sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Foundation for Children with Intellectual & Developmental Disab ($4.6m), End Homelessness California ($4.6m) and Caddo Council on Aging ($4.6m).

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 $57k (1.3% of expenses). Other salaries and wages came to $28k. At year end it held assets of $181k against liabilities of $1,735, net assets of $179k. It reported 3 employees.