Gospel Growers Inc

Analysis

Gospel Growers Inc is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in January 2003, 23 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, Gospel Growers Inc reported income of $128k and spending of $114k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $128k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gospel Growers Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Chaudhari 27 Samaj of North America ($128k), Live at the Well ($128k) and Plymouth Gathering ($128k).

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 $85k against liabilities of $0, net assets of $85k.