Modesto Gospel Mission

Analysis

Modesto Gospel Mission is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in December 1954, 72 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Modesto Gospel Mission reported income of $11.7m and spending of $9.7m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.5m to $11.7m (+79%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Modesto Gospel Mission sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Midway Living Inc ($11.6m), Santa Barbara Affordable Housing Group ($11.7m) and MCB Family Housing Inc ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $136k (1.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $10.7m against liabilities of $1.2m, net assets of $9.4m. It reported 47 employees.