Goya Ministries Inc

Analysis

Goya Ministries Inc is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Goya Ministries Inc reported income of $637k and spending of $821k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $689k to $637k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Goya Ministries Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Rainforest Flow ($637k), Give a Beat Foundation ($638k) and Doctors for Global Health Inc ($636k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.