Global Outreach Mission Inc

Analysis

Global Outreach Mission Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in May 1951, 75 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 August 2023, Global Outreach Mission Inc reported income of $5.1m and spending of $5.5m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.2m to $5.1m (+23%), an average of +5.2% a year. The sharpest change came in the year to August 2021, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Outreach Mission Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Dutch Sheets Ministries Inc ($5.1m), St Therese of Deephaven Senior Living ($5.1m) and 4 2 20 Foundation ($5.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $2.5m against liabilities of $43k, net assets of $2.5m. It reported 91 employees.