Global Gospel Action Inc

Analysis

Global Gospel Action Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 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, Global Gospel Action Inc reported income of $1.1m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $844k to $1.1m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Gospel Action Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include Seekers Point Ministry ($1.1m), Chop Point Inc ($1.1m) and Impacto Ministry Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $58k (4.8% of expenses). Other salaries and wages came to $8,000. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 1 employees.