Is Gilead Healing Ministries Legit? —…

Spending Breakdown

How Gilead Healing Ministries allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Gilead Healing Ministries

Is Gilead Healing Ministries a legitimate charity?

Based on AI analysis of IRS 990 filings, Gilead Healing Ministries (EIN: 200603137) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Gilead Healing Ministries a good charity to donate to?

Gilead Healing Ministries has a Mission Score of 70/100. Revenue: $743K. Assets: $71K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Gilead Healing Ministries?

The Employer Identification Number (EIN) for Gilead Healing Ministries is 200603137. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Gilead Healing Ministries spend its money?

Gilead Healing Ministries allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Gilead Healing Ministries's tax-exempt status?

You can verify Gilead Healing Ministries's tax-exempt status using EIN 200603137 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Gilead Healing Ministries demonstrates a consistent operational pattern with revenues generally exceeding or closely matching expenses in recent years, such as in 2023 where revenue was $606,017 against expenses of $570,537. However, the organization's asset base is relatively small compared to its annual revenue, with current assets at $70,731 against latest revenue of $743,420, suggesting limited reserves. A notable concern is the persistent high level of liabilities, which have often exceeded assets, for example, liabilities of $90,258 in 2023 compared to assets of $47,426. This indicates a reliance on debt or short-term obligations to fund operations.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for donor confidence. The fluctuating revenue and expense figures over the years, with some periods showing expenses exceeding revenue (e.g., 2022 with $582,863 revenue and $640,223 expenses), point to potential challenges in financial stability and planning. The lack of detailed functional expense data in the provided summary limits a comprehensive evaluation of spending efficiency and program focus.

Transparency regarding executive compensation is excellent, with 0% reported for officers. However, the overall financial transparency could be enhanced with more granular expense reporting to allow for a clearer understanding of how funds are allocated across programs, administration, and fundraising. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance, which is a fundamental aspect of transparency. The organization's financial health appears to be stable in terms of covering operational costs, but the low asset base and high liabilities warrant closer scrutiny for long-term sustainability.

Is Gilead Healing Ministries Legit?

Verdict: Gilead Healing Ministries appears trustworthy

Red Flags

Strengths