Gospeltree Ministries

Analysis

Gospeltree Ministries is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Gospeltree Ministries reported income of $152k and spending of $159k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $152k (+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 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gospeltree Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Little Rock Garden Club ($152k), Arts Herndon Inc ($152k) and Understand the Times Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.