God Speed Ministry Inc

Analysis

God Speed Ministry Inc is a registered charity in United States, based in Kings MTN, NC. It received its IRS tax-exemption ruling in April 2005, 21 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 December 2023, God Speed Ministry Inc reported income of $111k and spending of $120k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $111k (-13%), an average of -13% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, God Speed Ministry Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include National Baptist Convention of America Press Inc ($111k), Garabandal Journal Inc ($111k) and Gomotion Worldwide Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 5.0% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.