Ghb3

Analysis

Ghb3 is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in April 2021, 5 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, Ghb3 reported income of $63k and spending of $74k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $63k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ghb3 sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Association of the Feast of the Holy Ghost ($63k), Life Awakening ($63k) and Pope Francis Center ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,455 against liabilities of $1,486, net assets of $3,969.