Synergy Global Inc

Analysis

Synergy Global Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Synergy Global Inc reported income of $186k and spending of $175k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $186k (-1.1%), an average of -1.1% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Synergy Global Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Islamic Learning Center of New York City Inc ($186k), Minh Yueh Jiu Shyh Buddhist Association ($186k) and Luke 14 Ministries ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. At year end it held assets of $129k against liabilities of $2,439, net assets of $127k.