International Gospel Outreach

Analysis

International Gospel Outreach is a registered charity in United States, based in Circle Pines, MN. It received its IRS tax-exemption ruling in April 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, International Gospel Outreach reported income of $1.3m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $786k to $1.3m (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, International Gospel Outreach sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Better Way Ministries ($1.3m), LA Vida Inc ($1.3m) and Lewes-Rehoboth Association of Churches Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $507k against liabilities of $39k, net assets of $468k.