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Global Missions Foundation Inc

RegisteredEIN 31-1713750High Point, NCOverseas aid and international
Income$381k2023-12
Spending$2,650same year
Spent / received15%5-year average
Size in its cause65th pctOverseas aid and international
Exempt since2000Supporting organisation
Employees0latest return

Analysis

Global Missions Foundation Inc is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Missions Foundation Inc reported income of $381k and spending of $2,650, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $381k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 329%. Over the whole period it spent 15% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Missions Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Resourcing Ministry Partners Inc ($381k), Kendi Foundation Incorporated ($381k) and Hope for Tomorrow Guatemala Inc ($381k).

At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.

Income and spending

$0$95k$191k$286k$381k2019 Income: $306,2442019 Spending: $3,07420192020 Income: $60,8912020 Spending: $2,09220202021 Income: $72,5472021 Spending: $6,20820212022 Income: $88,9722022 Spending: $122,24520222023 Income: $381,4602023 Spending: $2,6502023
IncomeSpending

Where the income comes from

  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Resourcing Ministry Partners IncCincinnati$381k
Kendi Foundation IncorporatedNew York$381k
Hope for Tomorrow Guatemala IncLawrenceburg$381k
Concentric Development IncCary$382k