Gurdwara Gurshabad Prakash Corporation

Analysis

Gurdwara Gurshabad Prakash Corporation is a registered charity in United States, based in Glen Burnie, MD. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Gurdwara Gurshabad Prakash Corporation reported income of $230k and spending of $125k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income fell from $264k to $230k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gurdwara Gurshabad Prakash Corporation sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MD. Charities of a similar size with the same main cause include Home of Grace Ministry Inc ($230k), Remnant Ministries International Inc ($230k) and Legacy Outdoor Ministries ($230k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6,500. At year end it held assets of $1.8m against liabilities of $843k, net assets of $984k. It reported 1 employees.