GTM Ministries Inc

Analysis

GTM Ministries Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 2015, 11 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, GTM Ministries Inc reported income of $116k and spending of $84k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $116k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, GTM Ministries Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Leckrone Ministries Inc ($116k), Iglesia Profetica Luz Del Cielo ($116k) and Jothm Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $54k against liabilities of $811, net assets of $54k.