Global Synergy Group

Analysis

Global Synergy Group is a registered charity in United States, based in Maplewood, MN. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Synergy Group reported income of $73k and spending of $58k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $73k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Global Synergy Group sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include 360 World Changers ($73k), Central Youth Athletic Association Inc ($73k) and National Charity League - Lakeaustin Chapter ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.