Global Outreach Inc

Analysis

Global Outreach Inc is a registered charity in United States, based in University PK, FL. It received its IRS tax-exemption ruling in March 2005, 21 years ago. 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, Global Outreach Inc reported income of $113k and spending of $141k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $113k (-3.9%), an average of -3.9% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Global Outreach Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Mason District Hospital Foundation ($113k), Ny State Band Directors Association Suny Fredonia School of Music ($113k) and Potters School Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $150k against liabilities of $571, net assets of $150k.