Goby International Ministries

Analysis

Goby International Ministries is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Goby International Ministries reported income of $447k and spending of $394k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $406k to $447k (+10.0%), an average of +10% a year. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Goby International Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include FDM World Inc ($447k), Islamic Center of Naples Inc ($447k) and World Christian Restaurant Ministries Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $14k (3.7% of expenses). Other salaries and wages came to $92k. At year end it held assets of $225k against liabilities of $3,086, net assets of $222k. It reported 2 employees.