Gospel Healing Mission Center

Analysis

Gospel Healing Mission Center is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in April 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, Gospel Healing Mission Center reported income of $99k and spending of $115k, spending 116% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.0m to $99k (-97%), an average of -82% a year. The sharpest change came in the year to December 2022, when income dropped by 96%. Over the whole period it spent 7.6% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Healing Mission Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Community of the Cross Ministries Inc ($99k), Life Song Ministries ($99k) and Mirtha Mireya Ministries ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.