Gospel Book and Tract Depot

Analysis

Gospel Book and Tract Depot is a registered charity in United States, based in Vly Cottage, NY. It received its IRS tax-exemption ruling in April 1939, 87 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Gospel Book and Tract Depot reported income of $724k and spending of $675k, spending 93% of its income. Across the 6 years on record, from April 2019 to April 2024, income grew from $593k to $724k (+22%), an average of +4.1% a year. The sharpest change came in the year to April 2022, when income rose by 92%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Book and Tract Depot sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Kids Krusade Inc ($724k), Bell Tower Counseling ($724k) and Breaking Ground Missions Inc ($724k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.