For Gods Glory Ministries

Analysis

For Gods Glory Ministries is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in December 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, For Gods Glory Ministries reported income of $400k and spending of $358k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $625k to $400k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, For Gods Glory Ministries sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OK. Charities of a similar size with the same main cause include Campus Evangelistic Fellowship ($399k), Broken But Not Shattered Ministry ($400k) and Free in Christ Ministries Intl Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). At year end it held assets of $448k against liabilities of $0, net assets of $448k.