Gospel Light Ministries

Analysis

Gospel Light Ministries is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1994, 32 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 Light Ministries reported income of $233k and spending of $213k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $47k to $233k (+399%), an average of +38% a year. The sharpest change came in the year to December 2019, when income rose by 111%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Light Ministries sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Faith Tabernacle Comm Church ($233k), Friends of Chabad of the Dominican ($233k) and Deeper Life Church ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $105k. At year end it held assets of $47k against liabilities of $36k, net assets of $11k. It reported 2 employees.