Scholars Gospel Work

Analysis

Scholars Gospel Work is a registered charity in United States, based in Arcadia, CA. It received its IRS tax-exemption ruling in September 2016, 10 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, Scholars Gospel Work reported income of $166k and spending of $243k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $913k to $166k (-82%), an average of -35% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Scholars Gospel Work sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Horizon Media Studios Inc ($166k), Speak Life and Live ($166k) and Prison Mission Association ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.