Gospel Tabernacle Outreach Ministries Inc
Gospel Tabernacle Outreach Ministries consistently reports zero assets and liabilities, expending all revenue annually.
EIN: 202515286 · Baltimore, MD · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $406K |
| Total Expenses | $392K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $471,441. |
| Transparency Score | 40/100 |
Is Gospel Tabernacle Outreach Ministries Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gospel Tabernacle Outreach Ministries Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Gospel Tabernacle Outreach Ministries Inc
Gospel Tabernacle Outreach Ministries Inc (EIN: 202515286) is a nonprofit organization based in Baltimore, MD, classified under NTEE code X20. The organization reported total revenue of $406K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gospel Tabernacle Outreach Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gospel Tabernacle Outreach Ministries Inc is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $392K |
| Total Expenses | $392K |
| Surplus / Deficit | +$0 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Gospel Tabernacle Outreach Ministries Inc reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 10 years of filings (2014–2023), Gospel Tabernacle Outreach Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | -0.6% | — |
| 2022 | -16.2% | -16.2% | — |
| 2021 | +31245.8% | +31245.8% | — |
| 2020 | -96.0% | -96.0% | -100.0% |
| 2019 | -82.0% | -82.0% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gospel Tabernacle Outreach Ministries Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Gospel Tabernacle Outreach Ministries Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
No officer compensation has been reported across all ten available IRS 990 filings, including the latest period ending 202312, despite annual revenues reaching up to $471,441. This suggests either a fully volunteer-led organization or that compensation is not reported in a standard manner, which would be a significant transparency issue for an organization of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gospel Tabernacle Outreach Ministries Inc's IRS 990 filings:
- Consistent reporting of zero assets and liabilities, which is highly unusual for an organization with significant annual revenue.
- Lack of any reported officer compensation, raising questions about leadership structure or reporting practices.
- Absence of a functional expense breakdown (program, admin, fundraising) in the provided data, hindering assessment of spending efficiency.
- Significant revenue volatility, with a jump from $1,504 in 2020 to $471,441 in 2021, indicating potential instability in funding.
- Limited financial transparency due to minimal detail provided in IRS 990 filings beyond total revenue and expenses.
Strengths
The following positive indicators were identified for Gospel Tabernacle Outreach Ministries Inc:
- Consistent filing of IRS 990 forms, indicating compliance with basic reporting requirements.
- All reported revenue is expended annually, suggesting no accumulation of idle funds.
- No reported liabilities across all filings, indicating the organization is not carrying debt.
Frequently Asked Questions about Gospel Tabernacle Outreach Ministries Inc
Is Gospel Tabernacle Outreach Ministries Inc a legitimate charity?
Gospel Tabernacle Outreach Ministries Inc (EIN: 202515286) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 40/100. It has 10 years of IRS 990 filings on record. Total revenue: $406K. 5 red flags identified. 3 strengths noted. Financial health grade: B.
How does Gospel Tabernacle Outreach Ministries Inc spend its money?
Gospel Tabernacle Outreach Ministries Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Gospel Tabernacle Outreach Ministries Inc tax-deductible?
Gospel Tabernacle Outreach Ministries Inc is registered as a tax-exempt nonprofit (EIN: 202515286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gospel Tabernacle Outreach Ministries Inc CEO make?
Gospel Tabernacle Outreach Ministries Inc's highest-compensated officer earns $471,441. annually. The organization reported $406K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gospel Tabernacle Outreach Ministries Inc's spending goes to programs?
Gospel Tabernacle Outreach Ministries Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Gospel Tabernacle Outreach Ministries Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Gospel Tabernacle Outreach Ministries Inc is near average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gospel Tabernacle Outreach Ministries Inc located?
Gospel Tabernacle Outreach Ministries Inc is headquartered in Baltimore, Maryland and files with the IRS under EIN 202515286. It is classified under NTEE code X20.
How many years of IRS 990 filings does Gospel Tabernacle Outreach Ministries Inc have?
Gospel Tabernacle Outreach Ministries Inc has 10 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 $406K in total revenue.
How does Gospel Tabernacle Outreach Ministries Inc. operate with zero reported assets and liabilities?
The consistent reporting of zero assets and liabilities suggests a 'pass-through' financial model where all funds received are immediately expended. This could indicate a very lean operation or a lack of financial reserves, which is unusual for an organization with annual revenues exceeding $390,000 in recent years.
Why is no officer compensation reported?
The IRS 990 filings consistently show 0% officer compensation. This could mean the organization is entirely volunteer-run at the leadership level, or that compensation is structured in a way that is not disclosed as officer compensation on the 990, which would be a transparency concern.
What is the detailed breakdown of expenses (program, administrative, fundraising)?
The provided IRS 990 data only shows total revenue equaling total expenses, without a functional expense breakdown. This lack of detail makes it impossible to accurately assess the proportion of funds spent on programs versus administrative or fundraising activities.
How does the organization manage financial stability with no reported assets or reserves?
Operating with no reported assets or reserves implies a high reliance on immediate funding for immediate expenses. This model lacks a financial buffer for unexpected costs, economic downturns, or strategic investments, potentially impacting long-term stability and capacity for growth.
What caused the significant revenue fluctuation from $1,504 in 2020 to $471,441 in 2021?
The dramatic increase in revenue between 2020 and 2021 suggests a highly variable funding stream or a significant one-time event. Understanding the source and nature of this fluctuation is crucial for assessing the predictability and sustainability of the organization's funding.
Filing History
IRS 990 filing history for Gospel Tabernacle Outreach Ministries Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Gospel Tabernacle Outreach Ministries Inc's revenue has grown by 140%, moving from $164K to $392K. Total functional expenses rose by 140%, from $164K to $392K. In its most recent filing year (2023), Gospel Tabernacle Outreach Ministries Inc reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $392K | $392K | $0 | $0 | — | View 990 |
| 2022 | $395K | $395K | $0 | $0 | — | View 990 |
| 2021 | $471K | $471K | $0 | $0 | — | View 990 |
| 2020 | $2K | $2K | $0 | $0 | — | View 990 |
| 2019 | $38K | $38K | $1 | $0 | — | View 990 |
| 2018 | $209K | $209K | $0 | $0 | — | View 990 |
| 2017 | $246K | $246K | $0 | $0 | — | View 990 |
| 2016 | $258K | $258K | $0 | $0 | — | View 990 |
| 2015 | $233K | $233K | $1 | $0 | — | View 990 |
| 2014 | $164K | $164K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $392K, expenses of $392K, and assets of $0 (revenue -0.6% year-over-year).
- 2022: Revenue of $395K, expenses of $395K, and assets of $0 (revenue -16.2% year-over-year).
- 2021: Revenue of $471K, expenses of $471K, and assets of $0 (revenue +31245.8% year-over-year).
- 2020: Revenue of $2K, expenses of $2K, and assets of $0 (revenue -96.0% year-over-year).
- 2019: Revenue of $38K, expenses of $38K, and assets of $1 (revenue -82.0% year-over-year).
- 2018: Revenue of $209K, expenses of $209K, and assets of $0 (revenue -14.7% year-over-year).
- 2017: Revenue of $246K, expenses of $246K, and assets of $0 (revenue -4.9% year-over-year).
- 2016: Revenue of $258K, expenses of $258K, and assets of $0 (revenue +11.0% year-over-year).
- 2015: Revenue of $233K, expenses of $233K, and assets of $1 (revenue +42.2% year-over-year).
- 2014: Revenue of $164K, expenses of $164K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gospel Tabernacle Outreach Ministries Inc:
Data Sources and Methodology
This transparency report for Gospel Tabernacle Outreach Ministries Inc 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.