Gospel Light Prayer Church Inc

Analysis

Gospel Light Prayer Church Inc is a registered charity in United States, based in Irvington, NJ. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gospel Light Prayer Church Inc reported income of $61k and spending of $60k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $61k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Light Prayer Church Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Spiritlife Ministries International Inc ($61k), Mission Connection ($61k) and Sunergos Missions Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,681 against liabilities of $0, net assets of $5,681.