Global Faith Mission Agency Inc

Analysis

Global Faith Mission Agency Inc is a registered charity in United States, based in Hixson, TN. It received its IRS tax-exemption ruling in March 2005, 21 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 Faith Mission Agency Inc reported income of $3.2m and spending of $3.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.2m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Faith Mission Agency Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Urban Youth Impact Inc ($3.2m), In2 Onnuri Community Church New York ($3.2m) and Bibles for the World ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $34k (1.1% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.8m against liabilities of $6,482, net assets of $1.8m. It reported 3 employees.