Gospel Association of India Inc

Analysis

Gospel Association of India Inc is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in February 1980, 46 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 August 2023, Gospel Association of India Inc reported income of $192k and spending of $222k, spending 115% of what it took in. Across the 3 years on record, from August 2020 to August 2023, income fell from $231k to $192k (-17%), an average of -8.7% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Association of India Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Harvest Missionary Church ($192k), Rehoboth Ministries Inc ($192k) and Vision Despoir Ministries Inc ($192k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.