Gateway Homes Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Growing revenue
Gateway Homes Inc is a 501(c)(3) organization based in Richmond, Virginia, registered in 1987, with $23,916,751 in FY2024 revenue. CharityIndex grades it C+.
4905 Dickens Rd Ste 106, Richmond, VA, 23230 EIN 54-1264177 Since 1987
Revenue (FY2024)
$23.9M
▲ 18.0% vs prior year
Expenses (FY2024)
$26.9M
Net assets
$7.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gateway Homes Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating3 mo reserves · -12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gateway Homes Inc: 3 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gateway Homes Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gateway Homes Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $7.5M (FY2017) to $23.9M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $6.0MNet assets $7.8M
Operating margin
-12.3%
Spent more than it raised in the latest fiscal year.
Total assets
$13.7M
Total liabilities
$6.0M
Net assets
$7.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,916,751▲18.0% | $26,861,708▲30.2% | $7,751,364▼26.5% | $13,719,579▼12.3% | 990 |
| 2023 | $20,264,602▼2.6% | $20,627,240▲17.7% | $10,540,996▲1.4% | $15,650,913▲6.8% | 990 |
| 2022 | $20,808,993▲23.1% | $17,520,568▲4.0% | $10,397,694▲54.8% | $14,657,344▲68.9% | 990 |
| 2021 | $16,899,550▲6.8% | $16,844,732▲24.6% | $6,718,575▼3.6% | $8,679,426▲1.8% | 990 |
| 2020 | $15,816,448▲40.2% | $13,518,833▲21.7% | $6,972,358▲10.5% | $8,528,159▲14.8% | 990 |
| 2019 | $11,278,293▲9.3% | $11,104,336▲9.8% | $6,311,131▲30.3% | $7,426,319▲26.7% | 990 |
| 2018 | $10,320,524▲37.9% | $10,112,909▲27.5% | $4,845,197▼0.4% | $5,862,696▼6.7% | 990 |
| 2017 | $7,486,229 | $7,929,412 | $4,865,052 | $6,285,050 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $431K total
18 grants to Gateway Homes Inc totaling $431K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Pauley Family Foundation | General operations | 2024 | $50,000 |
| The Community Foundation Inc | Health and wellness | 2024 | $21,150 |
| Sentara Health | Outpatient clinical services for impoverished individuals living with serious mental illness diagnoses | 2023 | $50,000 |
| The Pauley Family Foundation | General operating funds to support residential mental health treatment program | 2023 | $50,000 |
| The Community Foundation Inc | Health and wellness | 2023 | $12,350 |
| The Pauley Family Foundation | Community based mental health services in central virginia | 2022 | $50,000 |
| The Community Foundation Inc | Health and wellness | 2022 | $24,750 |
| Charlottesville Area Community Foundation | Bama works 2022 grant | 2022 | $7,500 |
| The Pauley Family Foundation | Annual support | 2021 | $25,000 |
| The Community Foundation Inc | General purposes | 2021 | $12,500 |
| The Community Foundation Inc | General purposes,the purchase of safety equipment and to provide extended pay for the psychiatrist and nurse practitioner positions | 2020 | $39,170 |
| Charlottesville Area Community Foundation | General purposes | 2020 | $10,000 |
| The Community Foundation Inc | 8 ipods to help clients manage their mental health issues; general purposes; annual fund | 2019 | $17,500 |
| The Community Foundation Inc | General purposes | 2018 | $16,250 |
| The Community Foundation Inc | General purposes | 2017 | $10,000 |
Frequently asked questions
- Is Gateway Homes Inc a legitimate nonprofit?
- Yes. Gateway Homes Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1264177, based in Richmond, Virginia. Donations are tax-deductible.
- What is Gateway Homes Inc's EIN?
- Gateway Homes Inc's Employer Identification Number (EIN) is 54-1264177.
- How much revenue does Gateway Homes Inc report?
- Gateway Homes Inc reported $23,916,751 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Gateway Homes Inc have?
- CharityIndex grades Gateway Homes Inc C+, based on financial health (reserves and operating margin).
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Data for Gateway Homes Inc (EIN 54-1264177) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.