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You Gods Music Inc

RegisteredEIN 38-4057437San Antonio, TXReligion
Income$541k2023-12
Spending$568ksame year
Spent / received98%5-year average
Size in its cause85th pctReligion
Exempt since2018Publicly supported organisat
Employees0latest return

Analysis

You Gods Music Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 2018, 8 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, You Gods Music Inc reported income of $541k and spending of $568k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $541k (+113%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, You Gods Music Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Global Media & It ($540k), Friends of Harim Inc ($541k) and Gods Appalachian Partnership Inc ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.

Income and spending

$0$142k$284k$426k$568k2019 Income: $254,1292019 Spending: $228,43320192020 Income: $301,7612020 Spending: $312,03020202021 Income: $363,5202021 Spending: $353,66020212022 Income: $472,8872022 Spending: $442,39520222023 Income: $540,5412023 Spending: $568,1632023
IncomeSpending

Where the income comes from

  • Contributions & grants 11%
  • Program services 89%

Similar-sized charities, same cause

CharityLocationIncome
Global Media & ItAnaheim$540k
Friends of Harim IncStaten Island$541k
Gods Appalachian Partnership IncMC Dowell$540k
Saleema FoundationMansfield$541k