Gospel of Christ Inc

Analysis

Gospel of Christ Inc is a registered charity in United States, based in McMinnville, TN. It received its IRS tax-exemption ruling in September 2014, 12 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 of Christ Inc reported income of $463k and spending of $462k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $463k (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel of Christ Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Emet Leyaakob Inc ($463k), Wespine Study Center Inc ($463k) and Blazing Trees ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). Other salaries and wages came to $11k. At year end it held assets of $91k against liabilities of $2,977, net assets of $88k. It reported 2 employees.