Gap Kingdom Ministries

Analysis

Gap Kingdom Ministries is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in May 2019, 7 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, Gap Kingdom Ministries reported income of $95k and spending of $89k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $70k to $95k (+35%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gap Kingdom Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include Cross Cultural Connections ($95k), Menlha Kadampa Buddhist Center ($95k) and Apostolic Impact Ministries ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5,970 (6.7% of expenses). At year end it held assets of $794 against liabilities of $794, net assets of $0.