Gaston Ministries Inc

Analysis

Gaston Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Gaston Ministries Inc reported income of $141k and spending of $175k, spending 124% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $187k to $141k (-25%), an average of -25% a year. The sharpest change came in the year to March 2024, when income dropped by 25%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gaston Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Save22 ($141k), Stepping Stone Mission of Franklin County ($141k) and Wise Steward Group Inc ($141k).

At year end it held assets of $22k against liabilities of $0, net assets of $22k.