Institute for Global Opportunities Inc

Analysis

Institute for Global Opportunities Inc is a registered charity in United States, based in Ephrata, PA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Institute for Global Opportunities Inc reported income of $948k and spending of $925k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $824k to $948k (+15%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute for Global Opportunities Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Slavic Missionary Bible School Inc ($947k), Caribbean Ministries Association ($948k) and Generation of Youth for Christ ($947k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $380k. At year end it held assets of $556k against liabilities of $246, net assets of $556k. It reported 35 employees.