Gloryland Evangelistic Association Inc

Analysis

Gloryland Evangelistic Association Inc is a registered charity in United States, based in Gully, MN. It received its IRS tax-exemption ruling in October 1974, 52 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Gloryland Evangelistic Association Inc reported income of $86k and spending of $54k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $86k (+212%), an average of +212% a year. The sharpest change came in the year to December 2023, when income rose by 212%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gloryland Evangelistic Association Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Friends of the New Horizons Band ($86k), Helena Museum of Phillips County Inc ($86k) and Friends of the Alfred P Sloan Museum ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. At year end it held assets of $48k against liabilities of $24k, net assets of $24k.