Global Village Ministries Inc

Analysis

Global Village Ministries Inc is a registered charity in United States, based in Morrice, MI. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2021, Global Village Ministries Inc reported income of $248k and spending of $313k, spending 126% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $380k to $248k (-35%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Village Ministries Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Chef Showcase Foundation ($248k), Pontifex Inc ($248k) and Iowa Rural Health Association ($248k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $2,500 (0.8% of expenses). Other salaries and wages came to $22k. At year end it held assets of $20k against liabilities of $0, net assets of $20k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.