Global Impact Ministries Inc

Analysis

Global Impact Ministries Inc is a registered charity in United States, based in Daly City, CA. It received its IRS tax-exemption ruling in December 2008, 18 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 Inc reported income of $187k and spending of $167k, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $410k to $187k (-54%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Impact Ministries 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 55th percentile within CA. Charities of a similar size with the same main cause include Sweet Monday Inc ($187k), Buddhadhammo Temple ($188k) and Tierce Green Ministries Inc ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.