Gospel Tabernacle Outreach Ministries Inc

Analysis

Gospel Tabernacle Outreach Ministries Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2012, 14 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, Gospel Tabernacle Outreach Ministries Inc reported income of $392k and spending of $392k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $392k (+941%), an average of +80% a year. The sharpest change came in the year to December 2021, when income rose by 31246%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Tabernacle Outreach Ministries Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Pacific Marine Foundation Inc ($392k), Vasudharayana ($393k) and Hogue Ministries Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.