Glory Gang Ministries Inc

Analysis

Glory Gang Ministries Inc is a registered charity in United States, based in Nacogdoches, TX. It received its IRS tax-exemption ruling in November 2010, 16 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, Glory Gang Ministries Inc reported income of $196k and spending of $145k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $196k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Glory Gang Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Light of the World Ministry ($196k), Slough Ministries International ($196k) and Sons of Abraham Inc ($196k).

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 $63k against liabilities of $0, net assets of $63k.