Gospel Tide Broadcasting Association

Analysis

Gospel Tide Broadcasting Association is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in February 1973, 53 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, Gospel Tide Broadcasting Association reported income of $777k and spending of $654k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $777k (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Tide Broadcasting Association 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 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Hard As Nails Ministries Inc ($777k), All Nations International Inc ($777k) and Edge Christian Camp Inc ($777k).

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 $100k (15% of expenses). Other salaries and wages came to $120k. At year end it held assets of $1.2m against liabilities of $3,723, net assets of $1.2m. It reported 5 employees.