G E Ministries Inc

Analysis

G E Ministries Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, G E Ministries Inc reported income of $890k and spending of $801k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $890k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, G E Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Abuse Network Inc ($890k), Community Housing Services ($890k) and Donovan and Bank Foundation ($890k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $422k. At year end it held assets of $174k against liabilities of $188k, net assets of -$14k. It reported 17 employees.