Gospel Light Assemblies of God Ghana

Analysis

Gospel Light Assemblies of God Ghana is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gospel Light Assemblies of God Ghana reported income of $126k and spending of $111k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $126k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Light Assemblies of God Ghana sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within CO. Charities of a similar size with the same main cause include Kingdom Life Ministries Inc ($126k), Fire Escape Youth Ministry Inc ($126k) and Amazing Grace Discipleship Ministries ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.