International Gospel Ministries Inc

Analysis

International Gospel Ministries Inc is a registered charity in United States, based in Middleton, ID. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 May 2024, International Gospel Ministries Inc reported income of $118k and spending of $101k, spending 86% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $150k to $118k (-21%), an average of -21% a year. The sharpest change came in the year to May 2024, when income dropped by 21%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Gospel Ministries Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within ID. Charities of a similar size with the same main cause include East Lansing Educational Foundation ($118k), Solano Community Symphony Association ($118k) and Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($118k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $295k against liabilities of $0, net assets of $295k.