Golden Gate Institute

Analysis

Golden Gate Institute is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1937, 89 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Golden Gate Institute reported income of $67k and spending of $148k, spending 219% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $67k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 217% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden Gate Institute sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Columbus Bible Students Inc ($67k), Crimestoppers Plus Inc ($67k) and Police Athletic League of Stratford Connecticut Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 41% of the total. At year end it held assets of $169k against liabilities of $1,117, net assets of $168k.