Strategic Advancement for Gospel Empowerment International Inc

Analysis

Strategic Advancement for Gospel Empowerment International Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Strategic Advancement for Gospel Empowerment International Inc reported income of $142k and spending of $125k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $134k to $142k (+6.0%), an average of +3.0% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Strategic Advancement for Gospel Empowerment International Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Stow-Munroe Falls Band Parents Association Inc ($142k), Somerset-Pulaski County Humane Society Inc ($142k) and Wilson Youth Soccer Association Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.