Mark Gray Music Ministry Inc

Analysis

Mark Gray Music Ministry Inc is a registered charity in United States, based in Ash Flat, AR. It received its IRS tax-exemption ruling in November 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, Mark Gray Music Ministry Inc reported income of $86k and spending of $85k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $86k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mark Gray Music Ministry Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AR. Charities of a similar size with the same main cause include Open Air Ministries Inc ($86k), Afa Cos Baptist Student Union Alumni Association ($86k) and Rabbi Meir Baal Haness Sharei Tzion Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $45k against liabilities of $25k, net assets of $20k. It reported 2 employees.