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Gospel Baptist Church of Maryland

RegisteredEIN 87-2834792Baltimore, MDReligion
Income$193k2023-12
Spending$48ksame year
Spent / received30%2-year average
Size in its cause64th pctReligion
Exempt since2023Church
Employees–latest return

Analysis

Gospel Baptist Church of Maryland is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2023, 3 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 Baptist Church of Maryland reported income of $193k and spending of $48k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $193k (+8.2%), an average of +8.2% a year. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Baptist Church of Maryland sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Aicf American Islamic Center of Florida Inc ($193k), Comunidad Cristiana Inc ($193k) and Complete in Christ Ministries Inc ($193k).

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 $293k against liabilities of $0, net assets of $293k.

Income and spending

$0$48k$97k$145k$193k2022 Income: $178,3832022 Spending: $62,14220222023 Income: $193,0472023 Spending: $47,7022023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Aicf American Islamic Center of Florida IncPompano Beach$193k
Comunidad Cristiana IncLakewood$193k
Complete in Christ Ministries IncKosciusko$193k
Compassion CausesGranite Bay$193k