Gods Economy Inc

Analysis

Gods Economy Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in March 2002, 24 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 Economy Inc reported income of $213k and spending of $179k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $292k to $213k (-27%), an average of -9.9% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gods Economy 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 55th percentile within MD. Charities of a similar size with the same main cause include Healing Rain Ministries ($213k), Western States Fellowship ($213k) and The Great Feast of the Holy Ghost of New England ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.