Global Impact Network Inc

Analysis

Global Impact Network Inc is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in February 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Impact Network Inc reported income of $243k and spending of $243k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $190k to $243k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Impact Network Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Solid Rock Apostolic & Prophetic Ministries International ($243k), Christ to the World Ministries ($243k) and Friends of Relief Returned International Foundation ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,948 against liabilities of $0, net assets of $4,948.