Burbank Gospel Assembly Inc

Analysis

Burbank Gospel Assembly Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Burbank Gospel Assembly Inc reported income of $78k and spending of $92k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $78k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Burbank Gospel Assembly Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Hands Up High Ministries ($78k), Endowment Fund of Christ Episcopal Church ($78k) and Servants to the City International ($78k).

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 $23k against liabilities of $0, net assets of $23k.