Global Reach Ministries Inc

Analysis

Global Reach Ministries Inc is a registered charity in United States, based in Apopka, FL. It received its IRS tax-exemption ruling in August 1998, 28 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 Reach Ministries Inc reported income of $150k and spending of $153k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $150k (-1.5%), an average of -1.5% a year. 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 Reach Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Mission China ($150k), Peter Snyder Ministries ($150k) and Mustard Seed Ministries Inc ($150k).

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 $6,335 against liabilities of $3,906, net assets of $2,429.