West Texas Gospel Ministries to Children Inc

Analysis

West Texas Gospel Ministries to Children Inc is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in August 2000, 26 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, West Texas Gospel Ministries to Children Inc reported income of $358k and spending of $326k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $231k to $358k (+55%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, West Texas Gospel Ministries to Children Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include World Missions to Asia Inc ($358k), Christians for Messiah Ministries ($358k) and Hope Africa Collective Inc ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $87k (27% of expenses). At year end it held assets of $416k against liabilities of $0, net assets of $416k.