Gospel Heritage Foundation Inc

Analysis

Gospel Heritage Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 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, Gospel Heritage Foundation Inc reported income of $290k and spending of $259k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $290k (+106%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 376%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Heritage Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within GA. Charities of a similar size with the same main cause include Monte Sinai Inglesia de Dios ($290k), TR Uw Fo Meacham Fbo Presby CH 144-3046900 ($290k) and Believers Baptist Church in Christ Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.