Gamboa Union Ministries

Analysis

Gamboa Union Ministries is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in November 2013, 13 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, Gamboa Union Ministries reported income of $171k and spending of $143k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $223k to $171k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. 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, Gamboa Union Ministries sits at the 60th percentile: it is larger than about 60% 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 Paula Ratchford Ministries ($171k), Restorationcity ($171k) and Good News Church of Christ Holiness USA Inc ($171k).

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 $3,600 (2.5% of expenses). At year end it held assets of $226k against liabilities of $0, net assets of $226k.