Beautiful Gate Ministries Inc

Analysis

Beautiful Gate Ministries Inc is a registered charity in United States, based in Deer Park, WA. It received its IRS tax-exemption ruling in February 2020, 6 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, Beautiful Gate Ministries Inc reported income of $64k and spending of $65k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $64k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 125% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beautiful Gate Ministries Inc 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 20th percentile within WA. Charities of a similar size with the same main cause include Image Bearers Ministries ($64k), Messianic Jewish Movement International ($64k) and Friends of Sabroske Inc ($64k).

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 $61k against liabilities of $0, net assets of $61k.