Grand Old Gospel Fellowship Inc
Analysis
Grand Old Gospel Fellowship Inc is a registered charity in United States, based in Lansdale, PA. It received its IRS tax-exemption ruling in February 1970, 56 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, Grand Old Gospel Fellowship Inc reported income of $173k and spending of $219k, spending 127% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $211k to $173k (-18%), an average of -9.5% a year. Over the whole period it spent 105% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Grand Old Gospel Fellowship Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Sacramento Afghan Community & Religious Center ($173k), Vietnamese Bhikshu Buddist Association Temple ($173k) and Youngs Chapel Missionary Baptist Church Inc ($173k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $73k. At year end it held assets of $43k against liabilities of $104k, net assets of -$61k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sacramento Afghan Community & Religious Center | W Sacramento | $173k |
| Vietnamese Bhikshu Buddist Association Temple | Garden Grove | $173k |
| Youngs Chapel Missionary Baptist Church Inc | Douglas | $173k |
| Action Sports Outreach | LA Mesa | $173k |