Gods Embrace Ministries Inc

Analysis

Gods Embrace Ministries Inc is a registered charity in United States, based in Schulenburg, TX. It received its IRS tax-exemption ruling in September 2016, 10 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, Gods Embrace Ministries Inc reported income of $214k and spending of $263k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $214k (-26%), an average of -7.3% a year. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gods Embrace Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Bolling Conference Grounds Inc ($214k), Varick Renaissance Center ($214k) and Sargent Foundation for Episcopal Ministries ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $72k (28% of expenses). Other salaries and wages came to $80k. At year end it held assets of $478k against liabilities of $1,934, net assets of $476k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.