Global School of Sports Ministry

Analysis

Global School of Sports Ministry is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in April 2013, 13 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 June 2024, Global School of Sports Ministry reported income of $101k and spending of $157k, spending 156% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $234k to $101k (-57%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 46%. 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 School of Sports Ministry sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Childrens Feeding Network Inc ($101k), Crossfire International ($101k) and Grant County Sheriffs Chaplaincy Program ($101k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Other salaries and wages came to $90k. At year end it held assets of $139k against liabilities of $1,413, net assets of $137k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.