International Gospel Outreach Inc
Analysis
International Gospel Outreach Inc is a registered charity in United States, based in Mansfield, TX. It received its IRS tax-exemption ruling in May 2004, 22 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, International Gospel Outreach Inc reported income of $196k and spending of $192k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $171k to $196k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 93% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, International Gospel Outreach Inc 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 57th percentile within TX. Charities of a similar size with the same main cause include Lighthouse Ministries of Raleigh Inc ($196k), Operation Transformation ($196k) and Victorious Living Church of God ($196k).
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 $123k against liabilities of $98, net assets of $123k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lighthouse Ministries of Raleigh Inc | Cary | $196k |
| Operation Transformation | Port Huron | $196k |
| Victorious Living Church of God | South Holland | $196k |
| Lifestreams Ministries Inc | Newbury Park | $197k |