Full Gospel Business Mens Fellowship in America

Analysis

Full Gospel Business Mens Fellowship in America is a registered charity in United States, based in N Richlnd HLS, TX. It received its IRS tax-exemption ruling in December 2006, 20 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, Full Gospel Business Mens Fellowship in America reported income of $56k and spending of $66k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $62k to $56k (-9.7%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Full Gospel Business Mens Fellowship in America sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Society of St Vincent de Paul St Ritas Conference ($56k), Mountains of Faith Retreat Inc ($56k) and Spokane Chinese Christian Church ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $30k against liabilities of $110, net assets of $29k.