Gobind Marg Society

Analysis

Gobind Marg Society is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in June 2011, 15 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, Gobind Marg Society reported income of $272k and spending of $271k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $272k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gobind Marg Society sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Assembleia de Deus No Sul Da Florida - Ministerio Madureira Inc ($272k), Korean Christian Times Corporation ($272k) and Wixim Ministries Inc ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $1.0m, net assets of $345k.