Michael Gott International Evangelistic Ministries

Analysis

Michael Gott International Evangelistic Ministries is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in September 1982, 44 years ago. 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 2021, Michael Gott International Evangelistic Ministries reported income of $1.1m and spending of $596k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $1.3m to $1.1m (-11%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michael Gott International Evangelistic Ministries sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Boy Scouts of America ($1.1m), The Poetry Project Limited ($1.1m) and Public Affairs Research Council of Alabama ($1.1m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 65% of the total. Compensation of current officers, directors and key employees was $157k (26% of expenses). Other salaries and wages came to $79k. At year end it held assets of $16.5m against liabilities of $7,461, net assets of $16.5m. It reported 4 employees.