G4g Ministries Inc

Analysis

G4g Ministries Inc is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, G4g Ministries Inc reported income of $620k and spending of $150k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $230k to $620k (+169%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 424%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, G4g Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Seward County Council on Aging Inc ($619k), Just US Kids Inc ($620k) and The Arc of Texas ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $52k. At year end it held assets of $629k against liabilities of $0, net assets of $629k. It reported 1 employees.