Klamath Falls Gospel Mission

Analysis

Klamath Falls Gospel Mission is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in July 1959, 67 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, Klamath Falls Gospel Mission reported income of $709k and spending of $812k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $954k to $709k (-26%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Klamath Falls Gospel Mission sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Peace Catalyst International Inc ($709k), Hope Experience Tours ($709k) and Tradition in Action Inc ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $79k (9.7% of expenses). Other salaries and wages came to $236k. At year end it held assets of $3.6m against liabilities of $197k, net assets of $3.4m. It reported 14 employees.