McGowan International Ministries

Analysis

McGowan International Ministries is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in October 1997, 29 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, McGowan International Ministries reported income of $88k and spending of $57k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $88k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, McGowan International Ministries sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within ID. Charities of a similar size with the same main cause include Transformation Today ($88k), Bellerose Islamic Center Inc ($88k) and Least the Last the Lost Ministries Inc ($88k).

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 $137k against liabilities of $2,242, net assets of $135k.