Grand Lake Community Ministry Inc

Analysis

Grand Lake Community Ministry Inc is a registered charity in United States, based in Langley, OK. It received its IRS tax-exemption ruling in January 2024, 2 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 December 2023, Grand Lake Community Ministry Inc reported income of $64k and spending of $58k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $296k to $64k (-78%), an average of -40% a year. The sharpest change came in the year to December 2021, when income dropped by 79%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grand Lake Community Ministry Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Strom Ministry Concepts Inc ($64k), Dr Howard Durfee Ministries ($64k) and For His Glory ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $428k against liabilities of $0, net assets of $428k.