Golden Ministries Inc

Analysis

Golden Ministries Inc is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in March 2006, 20 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, Golden Ministries Inc reported income of $130k and spending of $126k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $130k (-12%), an average of -12% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Golden Ministries Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within AL. Charities of a similar size with the same main cause include Maha Vairocana Buddhist Temple ($130k), Child Evangelism Fellowship Inc ($130k) and Quan the Am Thien Tu ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $3,673 against liabilities of $0, net assets of $3,673.