Gaining Christ Ministries
Analysis
Gaining Christ Ministries is a registered charity in United States, based in Arnold, MO. It received its IRS tax-exemption ruling in November 2009, 17 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, Gaining Christ Ministries reported income of $310k and spending of $314k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $208k to $310k (+49%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 39%. 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, Gaining Christ Ministries sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Elijah Ministries Inc ($310k), Family Promise of Great Falls ($310k) and The Genesis Project Seattle ($310k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $162k (52% of expenses). At year end it held assets of $183k against liabilities of $0, net assets of $183k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Elijah Ministries Inc | Palm Bay | $310k |
| Family Promise of Great Falls | Great Falls | $310k |
| The Genesis Project Seattle | Seatac | $310k |
| Permanecer Ministries Inc | Rocklin | $310k |