Global Purpose Group

Analysis

Global Purpose Group is a registered charity in United States, based in Carmel Valley, CA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Purpose Group reported income of $78k and spending of $34k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $78k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Purpose Group sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Sterling Campus Inc ($78k), Your Centerpeace Inc ($78k) and Tinkerbell Enterprise ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.