Gospel Trumpet Publishing Co

Analysis

Gospel Trumpet Publishing Co is a registered charity in United States, based in Greenville, OH. It received its IRS tax-exemption ruling in December 2000, 26 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 Trumpet Publishing Co reported income of $71k and spending of $60k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $71k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 122% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Trumpet Publishing Co sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Golden Rosary Association Inc ($71k), Fruit of the Vine Ministries ($71k) and Chaplains for Christ International ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $499k against liabilities of $0, net assets of $499k.