GTS Life

Analysis

GTS Life is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in September 2021, 5 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, GTS Life reported income of $85k and spending of $80k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $85k (-0.3%), an average of -0.3% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, GTS Life sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Derbe Selam St Michael Ethiopian Orthodox Church ($85k), Front Line Mens Ministry Inc ($85k) and Peace Haven Ministries ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $6,132 against liabilities of $116, net assets of $6,016.