Garlock Ministries

Analysis

Garlock Ministries is a registered charity in United States, based in Bulverde, TX. It received its IRS tax-exemption ruling in March 1988, 38 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, Garlock Ministries reported income of $72k and spending of $70k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $72k (+7.7%), an average of +7.7% a year. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Garlock Ministries sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Embolden Co ($72k), Follow Hard Ministries ($72k) and Love for Souls Evangelistic Globaloutreach Ministry Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $6,961 against liabilities of $0, net assets of $6,961.