GPS Ministries Inc

Analysis

GPS Ministries Inc is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, GPS Ministries Inc reported income of $666k and spending of $682k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $433k to $666k (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, GPS Ministries Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Teen Closet ($666k), Family-Directed Education Foundation ($666k) and Y I E L D Inc ($666k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $452k. At year end it held assets of $315k against liabilities of $3,229, net assets of $311k. It reported 40 employees.