Charity Search / GATEWAY OF HOPE ADDICTION RECOVERY CENTER
Mental Health & Crisis Intervention (F22) 990 on File

GATEWAY OF HOPE ADDICTION RECOVERY CENTER

EIN: 83-2335413 · NEW LONDON, NC 28127-0397 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 76/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$237K
Total Revenue
$242K
Total Expenses
$1.4M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 67.44x
Liability-to-Asset 2.0%
Revenue Diversification 74.6%
Executive Compensation $64K
Compared with Peers
FY 2024
Compared with 2,597 similar organizations (United States, Mental Health & Crisis Intervention, $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
100.0% 84.9%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.0% 12.0%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
67.4 mo 5.7 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
2.0% 3.9%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
74.6% 95.9%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
14.9% 8.2%
P10P90
Expense growth
Year over year expense growth
11.2% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
-2.1% 2.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $237K $242K $1.4M 100.0% 5
2023 $207K $218K $1.4M 100.0% 1
2022 $1.2M $134K $1.4M 100.0% 1
2021 $426K $128K N/A — 0
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Organization Details
EIN
83-2335413
State
NC
City
NEW LONDON
ZIP
28127-0397
Classification
F22
Category
Mental Health & Crisis Intervention
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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