Gulf Coast Christian Life Center Inc

Analysis

Gulf Coast Christian Life Center Inc is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in June 1984, 42 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, Gulf Coast Christian Life Center Inc reported income of $264k and spending of $273k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $318k to $264k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gulf Coast Christian Life Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MS. Charities of a similar size with the same main cause include Hurley Senior Center Inc ($264k), Paralyzed Veterans of America ($264k) and Girl Talk Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.1m against liabilities of $16k, net assets of $1.1m. It reported 8 employees.