International Gospel Outreach

Analysis

International Gospel Outreach is a registered charity in United States, based in Semmes, AL. It received its IRS tax-exemption ruling in March 1973, 53 years ago. 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, International Gospel Outreach reported income of $574k and spending of $666k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $779k to $574k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Gospel Outreach sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Bartow Community Healthcare Foundation Inc ($574k), America Wheat Mission Inc ($574k) and Pitt Street Housing Development Fund Corporation ($574k).

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 $96k. At year end it held assets of $355k against liabilities of $156k, net assets of $198k. It reported 3 employees.