Light of the Gospel Ministries

Analysis

Light of the Gospel Ministries is a registered charity in United States, based in Riverside, RI. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2024, Light of the Gospel Ministries reported income of $857k and spending of $912k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income grew from $192k to $857k (+348%), an average of +65% a year. The sharpest change came in the year to June 2022, when income rose by 127%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Light of the Gospel Ministries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within RI. Charities of a similar size with the same main cause include Three Trees Ministries Inc ($857k), Darbar Shri Guru Granth Sahib Ji ($858k) and Empart USA ($857k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.