China Gospel Depot Inc

Analysis

China Gospel Depot Inc is a registered charity in United States, based in Princeton JCT, NJ. It received its IRS tax-exemption ruling in April 2004, 22 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).

In the financial year ending December 2023, China Gospel Depot Inc reported income of $384k and spending of $229k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $384k (-71%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 270%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, China Gospel Depot Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Friends of Hadar Yisroel Netanya Inc ($384k), Idaho Episcopal Foundation Inc ($384k) and Semichat Chaver Program Inc ($384k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $17k (7.4% of expenses). Other salaries and wages came to $66k. At year end it held assets of $5.0m against liabilities of $2.0m, net assets of $3.0m.