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Global Faith Institute Inc

RegisteredEIN 35-2460273Omaha, NEReligion
Income$119k2023-09
Spending$135ksame year
Spent / received106%2-year average
Size in its cause49th pctReligion
Exempt since2014Publicly supported organisat
Employees–latest return

Analysis

Global Faith Institute Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 2014, 12 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 September 2023, Global Faith Institute Inc reported income of $119k and spending of $135k, spending 113% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $120k to $119k (-1.0%), an average of -1.0% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Faith Institute Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NE. Charities of a similar size with the same main cause include 316 Love Church Inc ($119k), Pearce Foundation Inc ($119k) and Shree Ram Seva Inc ($119k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $29k against liabilities of $742, net assets of $28k.

Income and spending

$0$34k$68k$101k$135k2022 Income: $120,4002022 Spending: $118,76220222023 Income: $119,1962023 Spending: $135,2632023
IncomeSpending

Where the income comes from

  • Contributions & grants 90%
  • Program services 10%

Similar-sized charities, same cause

CharityLocationIncome
316 Love Church IncRiverdale$119k
Pearce Foundation IncChillicothe$119k
Shree Ram Seva IncRoswell$119k
Hope in Jesus MinistriesProvidence$119k