Spoken Gospel Inc

Analysis

Spoken Gospel Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in September 2013, 13 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, Spoken Gospel Inc reported income of $995k and spending of $1.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $995k (+156%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spoken Gospel Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OK. Charities of a similar size with the same main cause include Jewish Educational Leadership Institute Inc ($995k), Mission of Grace Inc ($995k) and Tradition Family Property Louisiana Inc ($995k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $538k (49% of expenses). At year end it held assets of $437k against liabilities of $56k, net assets of $381k. It reported 12 employees.