Global Education Ministries

Analysis

Global Education Ministries is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Education Ministries reported income of $902k and spending of $899k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $902k (+132%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Education Ministries sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Friendswood Isd Education Foundation Inc ($902k), Finishing Trades Institute District Council 10 ($902k) and Grace in Action ($902k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $49k (5.4% of expenses). Other salaries and wages came to $351k. At year end it held assets of $25k against liabilities of $30k, net assets of -$4,800. It reported 26 employees.