Gospel Research Foundation Inc

Analysis

Gospel Research Foundation Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in September 2022, 4 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, Gospel Research Foundation Inc reported income of $51k and spending of $73k, spending 142% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $121k to $51k (-58%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 122% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Research Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OK. Charities of a similar size with the same main cause include Oscar Roan Ministries Inc ($51k), Shiloh Place Ministries Inc ($52k) and Unlock the Bible Now Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $6,425 against liabilities of $0, net assets of $6,425.