Gathering of Men Inc
Analysis
Gathering of Men Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 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 2022, Gathering of Men Inc reported income of $375k and spending of $356k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $202k to $375k (+85%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 85% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Gathering of Men 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 70th percentile within TX. Charities of a similar size with the same main cause include One Name Ministry Inc ($375k), Basic Training Bible Ministries ($375k) and Watpa Buddhayan Mediation Center Inc ($375k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $126k (35% of expenses). At year end it held assets of $328k against liabilities of $795, net assets of $328k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| One Name Ministry Inc | Palmetto Bay | $375k |
| Basic Training Bible Ministries | Hot Springs | $375k |
| Watpa Buddhayan Mediation Center Inc | Sugar Land | $375k |
| Muna Center of Jamaica Inc | Hollis | $375k |