G O Ministries Inc

Analysis

G O Ministries Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1997, 29 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, G O Ministries Inc reported income of $9.9m and spending of $8.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $9.9m (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 30%. 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, G O Ministries Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Nefesh Bnefesh Jewish Souls United ($9.9m), Launch Global ($9.9m) and Impact Productions Inc ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $5.2m against liabilities of $636k, net assets of $4.5m. It reported 53 employees.