Christ Gospel Church

Analysis

Christ Gospel Church is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Christ Gospel Church reported income of $176k and spending of $198k, spending 112% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $156k to $176k (+13%), an average of +12% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christ Gospel Church sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Vino Nuevo Ministry ($176k), UK USA Ministry ($176k) and Israeli Center New Jersey Inc ($176k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $41k, net assets of -$20k.