Global Baptist Gospel Projects Missions Inc

Analysis

Global Baptist Gospel Projects Missions Inc is a registered charity in United States, based in Skyland, NC. It received its IRS tax-exemption ruling in January 1961, 65 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Baptist Gospel Projects Missions Inc reported income of $805k and spending of $577k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $805k (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Baptist Gospel Projects Missions Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Linwood Property Inc ($804k), Global Bride Ministries ($805k) and Tall Timber Ranch ($804k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $69k (12% of expenses). Other salaries and wages came to $304k. At year end it held assets of $573k against liabilities of $0, net assets of $573k. It reported 1 employees.