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Korea Christian Gospel Mission Inc

RegisteredEIN 77-0438254Fresno, CAReligion
Income$343k2023-12
Spending$336ksame year
Spent / received79%5-year average
Size in its cause77th pctReligion
Exempt since1997Publicly supported organisat
Employees0latest return

Analysis

Korea Christian Gospel Mission Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in March 1997, 29 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, Korea Christian Gospel Mission Inc reported income of $343k and spending of $336k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $313k to $343k (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Korea Christian Gospel Mission Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Ten 24 Inc ($343k), Iglesia de Dios Misionera Enorden Divino El Alto Y Eterno Dios ($343k) and Mid-Kansas Jewish Federation Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $92k. At year end it held assets of $525k against liabilities of $0, net assets of $525k.

Income and spending

$0$116k$232k$348k$464k2019 Income: $312,8462019 Spending: $262,17720192020 Income: $293,5952020 Spending: $237,22920202021 Income: $463,7412021 Spending: $243,04420212022 Income: $321,6152022 Spending: $297,75420222023 Income: $342,6272023 Spending: $335,5662023
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Program services 15%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Ten 24 IncFort Worth$343k
Iglesia de Dios Misionera Enorden Divino El Alto Y Eterno DiosColumbia HTS$343k
Mid-Kansas Jewish Federation IncWichita$343k
Cathedral Assembly of GodNewark$343k