Gnostic Christian Churches USA Corp

Analysis

Gnostic Christian Churches USA Corp is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gnostic Christian Churches USA Corp reported income of $87k and spending of $89k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $87k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gnostic Christian Churches USA Corp sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Step by Step Ministries Inc ($87k), Farm Haiti ($87k) and Bush Mission International Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 14% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.