Global Impact Ministries International Inc

Analysis

Global Impact Ministries International Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in June 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 (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 Impact Ministries International Inc reported income of $816k and spending of $855k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $816k (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Impact Ministries International Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OK. Charities of a similar size with the same main cause include Sonshine Bible Clubs Inc ($816k), Al-Mawrid United States Inc ($816k) and Footstool Missions Center ($815k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (9.5% of expenses). Other salaries and wages came to $52k. At year end it held assets of $60k against liabilities of $3, net assets of $60k. It reported 4 employees.