Gomadis International

Analysis

Gomadis International is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in June 2007, 19 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, Gomadis International reported income of $56k and spending of $62k, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $148k to $56k (-62%), an average of -28% a year. The sharpest change came in the year to December 2021, when income dropped by 64%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gomadis International sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 16th percentile within SD. Charities of a similar size with the same main cause include Sons and Daughters Inc ($56k), Maranatha Ministries Unlimited ($56k) and Berean International Ministries ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.