International Gospel Mission Inc

Analysis

International Gospel Mission Inc is a registered charity in United States, based in Bethany, OK. It received its IRS tax-exemption ruling in September 1980, 46 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 Mission Inc reported income of $107k and spending of $138k, spending 129% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $118k to $107k (-9.4%), an average of -3.2% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Gospel Mission Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OK. Charities of a similar size with the same main cause include Eastern Shore Recovery Foundation Inc ($107k), Franklin Lions Foundation Inc ($107k) and National Stereoscopic Association Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (11% of expenses). At year end it held assets of $8,778 against liabilities of $0, net assets of $8,778.