Garabandal Journal Inc

Analysis

Garabandal Journal Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Garabandal Journal Inc reported income of $111k and spending of $75k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $111k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Garabandal Journal Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MN. Charities of a similar size with the same main cause include God Speed Ministry Inc ($111k), Tachlis Hachaim Inc ($111k) and National Baptist Convention of America Press Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 87% of the total. At year end it held assets of $186k against liabilities of $129k, net assets of $57k.