In the Gap Ministries
Analysis
In the Gap Ministries is a registered charity in United States, based in Globe, AZ. It received its IRS tax-exemption ruling in August 2018, 8 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 2023, In the Gap Ministries reported income of $63k and spending of $66k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $63k (-8.0%), an average of -8.0% a year. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, In the Gap Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include Covenant Ecumenical Fellowship and Cathedral Assemblies ($63k), National Lutheran Outdoors Ministry Association Inc ($63k) and Sybils Kids Inc ($63k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,996 against liabilities of $0, net assets of $8,996.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Covenant Ecumenical Fellowship and Cathedral Assemblies | Perth Amboy | $63k |
| National Lutheran Outdoors Ministry Association Inc | LA Grange | $63k |
| Sybils Kids Inc | Knoxville | $63k |
| Word of Hope International Ministries | North Port | $63k |