Goff Ministries Inc

Analysis

Goff Ministries Inc is a registered charity in United States, based in Sandia, TX. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goff Ministries Inc reported income of $137k and spending of $65k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $137k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Goff Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Resurrecting Hearts Horsemanship Inc ($137k), Kefa ($137k) and Projects for Asia Charitable Foundation Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,500 (10% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.