Gospel Proclaimers Missionary Association

Analysis

Gospel Proclaimers Missionary Association is a registered charity in United States, based in Weslaco, TX. It received its IRS tax-exemption ruling in January 1989, 37 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 Proclaimers Missionary Association reported income of $76k and spending of $128k, spending 169% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $76k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Proclaimers Missionary Association sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Healing for the Nations Ministries ($76k), Chinese Bible International USA Corporation ($76k) and Tu Vien Bo de ($76k).

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 $132k against liabilities of $0, net assets of $132k.