Roanoke Gospel Outreach Center Inc

Analysis

Roanoke Gospel Outreach Center Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in June 2005, 21 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, Roanoke Gospel Outreach Center Inc reported income of $618k and spending of $46k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $618k (+414%), an average of +414% a year. The sharpest change came in the year to December 2023, when income rose by 414%. Over the whole period it spent 21% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Roanoke Gospel Outreach Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Harmony Project International ($617k), Heartfire Missions Inc ($618k) and Toolbox Ministries Inc ($617k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $6,459 (14% of expenses). At year end it held assets of $804k against liabilities of $120k, net assets of $684k. It reported 2 employees.