Gospel Partners Media Inc

Analysis

Gospel Partners Media Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in April 2012, 14 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, Gospel Partners Media Inc reported income of $3.3m and spending of $2.2m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.3m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Partners Media Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Scarritt-Bennett Center ($3.3m), Tomorrow Clubs International Inc ($3.4m) and Paradisus Dei Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $196k (8.9% of expenses). Other salaries and wages came to $834k. At year end it held assets of $8.6m against liabilities of $1.1m, net assets of $7.5m. It reported 23 employees.