Gods Storehouse

Analysis

Gods Storehouse is a registered charity in United States, based in Highland Park, MI. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Gods Storehouse reported income of $94k and spending of $56k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $40k to $94k (+134%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 301%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gods Storehouse 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 35th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Halifax County Business Horizons Inc ($94k), Faith in Action Washburn County ($94k) and Orlando Firefighters Benevolent Association Inc ($94k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.