Gods Garage Inc

Analysis

Gods Garage Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gods Garage Inc reported income of $1.0m and spending of $612k, leaving 40% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $650k to $1.0m (+58%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gods Garage Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Homeownership Council of America ($1.0m), Community Thread ($1.0m) and Growing Season-Illinois Inc ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 64% and program service revenue 25% of the total. Other salaries and wages came to $236k. At year end it held assets of $3.5m against liabilities of $1.2m, net assets of $2.3m. It reported 5 employees.