Go Ministries Inc

Analysis

Go Ministries Inc is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Go Ministries Inc reported income of $2.6m and spending of $2.7m, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $2.3m to $2.6m (+14%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Go Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Planet Women ($2.6m), Egypt Cancer Network 57357 and Afnci Inc ($2.6m) and SRV Inc ($2.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $66k (2.5% of expenses). Other salaries and wages came to $23k. At year end it held assets of $267k against liabilities of $13k, net assets of $255k.