Gloria Russell Childrens Ministry Inc

Analysis

Gloria Russell Childrens Ministry Inc is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in September 1991, 35 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 2023, Gloria Russell Childrens Ministry Inc reported income of $69k and spending of $59k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $69k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gloria Russell Childrens Ministry Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include U S Gymnastics Development Center Team Parents Assoc a New Jersey ($69k), PTA California Congress of Parents Teachers & Students Inc ($69k) and North Carolina Literary and Historical Association Incorporate ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $308k against liabilities of $0, net assets of $308k.