Gbarnga Lutheran Mission Project Inc

Analysis

Gbarnga Lutheran Mission Project Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gbarnga Lutheran Mission Project Inc reported income of $266k and spending of $266k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $211k to $266k (+26%), an average of +7.9% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gbarnga Lutheran Mission Project Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within RI. Charities of a similar size with the same main cause include Provident Charter School Foundation ($266k), Georgetown Isd Education Foundation ($266k) and Forney Highsteppers Supporters ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.