Gather
Gather shows strong financial growth and asset accumulation with no reported officer compensation.
EIN: 20226943 · Portsmouth, NH · NTEE: P20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $5.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6,011,308 |
| Net Assets | $4.0M |
| Transparency Score | 88/100 |
Is Gather Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gather directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gather
Gather (EIN: 20226943) is a nonprofit organization based in Portsmouth, NH, classified under NTEE code P20Z. The organization reported total revenue of $10.6M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gather's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gather is a large nonprofit that has been operating for 83 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $4.7M |
| Total Liabilities | $663K |
| Net Assets | $4.0M |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Gather reported a surplus of $1.0M with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Gather's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.1% | +6.0% | +38.7% |
| 2022 | -13.5% | -4.1% | +14.7% |
| 2021 | +60.2% | +61.3% | +75.1% |
| 2020 | +68.0% | +43.5% | +101.0% |
| 2019 | +24.9% | +19.6% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1943 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gather with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gather allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Executive Compensation Analysis
Gather consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led executive team or that executive compensation is structured in a way not reported as officer compensation on the 990, which is unusual for an organization of its growing size (latest revenue $6,011,308).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gather's IRS 990 filings:
- Lack of reported officer compensation for an organization of this size could indicate an unusual compensation structure or a need for further clarification on executive leadership's remuneration.
Strengths
The following positive indicators were identified for Gather:
- Consistent and significant revenue growth, from $368,966 in 2014 to $6,011,308 in 2023, demonstrating increasing public support and operational capacity.
- Strong asset accumulation, growing from $332,952 in 2014 to $4,675,992 in 2023, indicating financial stability and long-term sustainability.
- Healthy financial surpluses, with revenue consistently exceeding expenses, allowing for reinvestment and growth.
- Low liabilities relative to assets, suggesting a strong balance sheet and minimal financial risk.
- Clear mission focus as indicated by NTEE code P20Z (Food Banks & Food Distribution).
Frequently Asked Questions about Gather
Is Gather a legitimate charity?
Based on AI analysis of IRS 990 filings, Gather (EIN: 20226943) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Gather spend its money?
Gather directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gather tax-deductible?
Gather is registered as a tax-exempt nonprofit (EIN: 20226943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gather CEO make?
Gather's highest-compensated officer earns $6,011,308 annually. The organization reported $10.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gather's spending goes to programs?
Gather directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gather compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Gather is above average for NTEE category P20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gather located?
Gather is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 20226943. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Gather have?
Gather has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.6M in total revenue.
How does Gather compensate its executive leadership if no officer compensation is reported?
The IRS 990 filings consistently show 0% officer compensation. This could mean the executive leadership is entirely volunteer-based, or compensation is structured in a way that isn't categorized as 'officer compensation' on the 990, which would warrant further inquiry for clarity.
What is the detailed breakdown of program, administrative, and fundraising expenses?
While the overall expenses are reported, the provided data does not include a detailed breakdown of how much is allocated to programs, administration, and fundraising. This information is crucial for a complete assessment of spending efficiency.
What is the primary source of Gather's revenue?
The provided data only shows total revenue. To understand the sustainability and diversity of its funding, knowing the primary sources (e.g., donations, grants, program service fees) would be beneficial.
Filing History
IRS 990 filing history for Gather showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Gather's revenue has grown by 1429.3%, moving from $393K to $6.0M. Total assets increased by 2282.4% over the same period, from $196K to $4.7M. Total functional expenses rose by 1472.8%, from $318K to $5.0M. In its most recent filing year (2023), Gather reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $663K in liabilities against $4.7M in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $5.0M | $4.7M | $663K | — | View 990 |
| 2022 | $5.2M | $4.7M | $3.4M | $616K | — | View 990 |
| 2021 | $6.0M | $4.9M | $2.9M | $240K | — | View 990 |
| 2020 | $3.7M | $3.1M | $1.7M | $226K | — | View 990 |
| 2019 | $2.2M | $2.1M | $835K | $67K | — | View 990 |
| 2018 | $1.8M | $1.8M | $706K | $45K | — | View 990 |
| 2017 | $1.2M | $1.1M | $667K | $17K | — | View 990 |
| 2016 | $855K | $748K | $583K | $32K | — | View 990 |
| 2015 | $933K | $856K | $508K | $26K | — | View 990 |
| 2014 | $369K | $301K | $333K | $106 | — | View 990 |
| 2013 | $447K | $431K | $267K | $2K | — | View 990 |
| 2012 | $411K | $359K | $249K | $210 | — | View 990 |
| 2011 | $393K | $318K | $196K | $200 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $5.0M, and assets of $4.7M (revenue +16.1% year-over-year).
- 2022: Revenue of $5.2M, expenses of $4.7M, and assets of $3.4M (revenue -13.5% year-over-year).
- 2021: Revenue of $6.0M, expenses of $4.9M, and assets of $2.9M (revenue +60.2% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.1M, and assets of $1.7M (revenue +68.0% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.1M, and assets of $835K (revenue +24.9% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $706K (revenue +47.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $667K (revenue +41.4% year-over-year).
- 2016: Revenue of $855K, expenses of $748K, and assets of $583K (revenue -8.4% year-over-year).
- 2015: Revenue of $933K, expenses of $856K, and assets of $508K (revenue +153.0% year-over-year).
- 2014: Revenue of $369K, expenses of $301K, and assets of $333K (revenue -17.5% year-over-year).
- 2013: Revenue of $447K, expenses of $431K, and assets of $267K (revenue +8.7% year-over-year).
- 2012: Revenue of $411K, expenses of $359K, and assets of $249K (revenue +4.7% year-over-year).
- 2011: Revenue of $393K, expenses of $318K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gather:
Data Sources and Methodology
This transparency report for Gather is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.