Gap Ministries

Analysis

Gap Ministries is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Gap Ministries reported income of $12.4m and spending of $12.3m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.7m to $12.4m (+85%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gap Ministries sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include The August Aichhorn Center for Adolescent Residential Care Inc ($12.4m), Centers for the Developmentally Disabled N Cent Alabama Inc ($12.4m) and Community Partners for Affordable Housing ($12.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $401k (3.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $9.5m against liabilities of $5.5m, net assets of $4.0m. It reported 145 employees.