Gethsemane Ministries Inc

Analysis

Gethsemane Ministries Inc is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in September 1991, 35 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gethsemane Ministries Inc reported income of $280k and spending of $274k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $226k to $280k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gethsemane Ministries Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Neat Repeats Resale Shop Inc ($280k), Needmore Volunteer Fire Company ($280k) and American Planning Association ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (8.3% of expenses). Other salaries and wages came to $70k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 6 employees.