Go Ministries International Inc

Analysis

Go Ministries International Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in September 2014, 12 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 2022, Go Ministries International Inc reported income of $125k and spending of $122k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $332k to $125k (-62%), an average of -28% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Go Ministries International Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within LA. Charities of a similar size with the same main cause include Addiskidan Christs Church Inc ($125k), Lionshare Leadership Group ($125k) and Ignition Point Ministries Inc ($125k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $16k. At year end it held assets of $14k against liabilities of $27k, net assets of -$13k.