Chosen Gospel Recovery Inc

Analysis

Chosen Gospel Recovery Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Chosen Gospel Recovery Inc reported income of $320k and spending of $293k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $243k to $320k (+32%), an average of +9.7% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chosen Gospel Recovery Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Lockport Fish Pantry ($320k), Pray 1 Inc ($320k) and Street Ministries Inc ($320k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.