Gabe Poirot Ministries

Analysis

Gabe Poirot Ministries is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gabe Poirot Ministries reported income of $152k and spending of $102k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $50k to $152k (+201%), an average of +200% a year. The sharpest change came in the year to June 2023, when income rose by 201%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gabe Poirot Ministries sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Mike Q Daniel Ministries ($152k), St Benedicts Workshop ($152k) and Magdalene Hope Inc ($152k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $84k against liabilities of $8,875, net assets of $75k.