Gospel Christian Music Association

Analysis

Gospel Christian Music Association is a registered charity in United States, based in Bristol, TN. It received its IRS tax-exemption ruling in October 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, Gospel Christian Music Association reported income of $159k and spending of $257k, spending 162% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $238k to $159k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Christian Music Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Tabora Mission Appeal Inc ($159k), Twentyeight19 ($159k) and To the Nations Ministries Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.