Gospel Film Project

Analysis

Gospel Film Project is a registered charity in United States, based in Washington, IA. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gospel Film Project reported income of $162k and spending of $143k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $119k to $162k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Film Project sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include Friends of the Shrine of SS Peter and Paul Inc ($162k), Orthodox Christian Ministries Inc ($162k) and Living Word Outdoor Drama Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.