Gods Grain Bin Inc

Analysis

Gods Grain Bin Inc is a registered charity in United States, based in New Castle, IN. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Gods Grain Bin Inc reported income of $107k and spending of $66k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $107k (-8.4%), an average of -8.4% a year. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gods Grain Bin Inc 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 39th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Beatitudes Community Center ($107k), Friends of the Dorothy C Benson Senior Multipurpose Complex Inc ($107k) and Our Divine Savior Chico Conference Society of St Vincent de Paul ($107k).

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 $294k against liabilities of $54k, net assets of $240k.