Gospel Reach Foundation

Analysis

Gospel Reach Foundation is a registered charity in United States, based in Ofallon, MO. It received its IRS tax-exemption ruling in November 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, Gospel Reach Foundation reported income of $72k and spending of $121k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $72k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Reach Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within MO. Charities of a similar size with the same main cause include Life on Life ($72k), Cedar Hill Retreat Center Inc ($72k) and Mision Fuente de Salvacion Palmdale ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.