Gutenberg College Inc

Analysis

Gutenberg College Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in November 1979, 47 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 August 2023, Gutenberg College Inc reported income of $798k and spending of $784k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $514k to $798k (+55%), an average of +12% a year. The sharpest change came in the year to August 2020, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gutenberg College Inc 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 77th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Episcopal Preaching Foundation Inc ($798k), Swaminarayan Welfare Inc ($798k) and Project Video Inc ($798k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Other salaries and wages came to $329k. At year end it held assets of $1.8m against liabilities of $830k, net assets of $922k. It reported 14 employees.