Food, Agriculture & Nutrition
(K31)
IRS Verified
DX Registered
990 on File
THE GATHERING SOURCE INC
Financial strength (30%)
81/100
Reliability (20%)
50/100
Effectiveness (25%)
87/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
We are devoted to caring for hunger, education and wellness in our rural communities in partnership with our schools, organizations, churches, businesses, and caring individuals.
Financial Overview — FY 2024
$728K
Total Revenue
$412K
Total Expenses
$683K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.2%
Fundraising Efficiency
N/A
Operating Reserve
19.89x
Liability-to-Asset
27.9%
Revenue Diversification
99.9%
Compared with Peers
FY 2024
Compared with 1,857 similar organizations
(United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.2% | 89.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.3% | 7.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.9 mo | 10.9 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
27.9% | 0.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
88.6% | 10.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
40.3% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
43.4% | 4.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $728K | $412K | $683K | 94.2% | 0 |
| 2023 | $386K | $294K | $366K | 93.9% | 0 |
| 2022 | $288K | $285K | $270K | 86.7% | 1 |
| 2021 | $251K | $208K | N/A | — | 1 |
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