Gospel Homes For Women
EIN: 472641882 · Colorado Spgs, CO · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $170K |
| Net Assets | $141K |
Is Gospel Homes For Women Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gospel Homes For Women
Gospel Homes For Women (EIN: 472641882) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code L41. The organization reported total revenue of $241K and total assets of $394K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gospel Homes For Women's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gospel Homes For Women is a small nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $170K |
| Surplus / Deficit | $-15,203 |
| Total Assets | $315K |
| Total Liabilities | $174K |
| Net Assets | $141K |
| Operating Margin | -9.8% |
| Debt-to-Asset Ratio | 55.2% |
| Months of Reserves | 22.2 months |
Financial Health Grade: C
In 2023, Gospel Homes For Women reported a deficit of $15K with expenses exceeding revenue, holds 22.2 months of operating reserves (strong position), has a debt-to-asset ratio of 55.2% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Gospel Homes For Women's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.1% | -6.4% | -0.9% |
| 2022 | +8.4% | +30.8% | -12.9% |
| 2021 | -38.0% | +11.6% | +1.5% |
| 2020 | +116.1% | +26.5% | +703.1% |
| 2019 | +7.5% | +24.4% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gospel Homes For Women has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gospel Homes For Women with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.2%.
Frequently Asked Questions about Gospel Homes For Women
Is Gospel Homes For Women a legitimate charity?
Gospel Homes For Women (EIN: 472641882) is a registered tax-exempt nonprofit based in Colorado. It has 8 years of IRS 990 filings on record. Total revenue: $241K. No red flags identified. Financial health grade: C.
How does Gospel Homes For Women spend its money?
Gospel Homes For Women reported $241K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Gospel Homes For Women tax-deductible?
Gospel Homes For Women is registered as a tax-exempt nonprofit (EIN: 472641882). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gospel Homes For Women located?
Gospel Homes For Women is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 472641882. It is classified under NTEE code L41.
How many years of IRS 990 filings does Gospel Homes For Women have?
Gospel Homes For Women has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $241K in total revenue.
Filing History
IRS 990 filing history for Gospel Homes For Women showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Gospel Homes For Women's revenue has grown by 108.2%, moving from $74K to $155K. Total assets increased by 1848.8% over the same period, from $16K to $315K. Total functional expenses rose by 167.8%, from $63K to $170K. In its most recent filing year (2023), Gospel Homes For Women reported a deficit of $15K, with expenses exceeding revenue. The organization holds $174K in liabilities against $315K in assets (debt-to-asset ratio: 55.2%), resulting in net assets of $141K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $170K | $315K | $174K | — | View 990 |
| 2022 | $163K | $181K | $317K | $183K | — | — |
| 2021 | $150K | $139K | $365K | $192K | — | View 990 |
| 2020 | $242K | $124K | $359K | $203K | — | View 990 |
| 2019 | $112K | $98K | $45K | $2K | — | View 990 |
| 2018 | $104K | $79K | $37K | $1K | — | View 990 |
| 2017 | $78K | $79K | $14K | $3K | — | View 990 |
| 2016 | $74K | $63K | $16K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $170K, and assets of $315K (revenue -5.1% year-over-year).
- 2022: Revenue of $163K, expenses of $181K, and assets of $317K (revenue +8.4% year-over-year).
- 2021: Revenue of $150K, expenses of $139K, and assets of $365K (revenue -38.0% year-over-year).
- 2020: Revenue of $242K, expenses of $124K, and assets of $359K (revenue +116.1% year-over-year).
- 2019: Revenue of $112K, expenses of $98K, and assets of $45K (revenue +7.5% year-over-year).
- 2018: Revenue of $104K, expenses of $79K, and assets of $37K (revenue +34.0% year-over-year).
- 2017: Revenue of $78K, expenses of $79K, and assets of $14K (revenue +4.7% year-over-year).
- 2016: Revenue of $74K, expenses of $63K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gospel Homes For Women:
Data Sources and Methodology
This transparency report for Gospel Homes For Women is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.