Glocal Mission

Analysis

Glocal Mission is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 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 December 2023, Glocal Mission reported income of $319k and spending of $318k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $319k (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Glocal Mission sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Be Still Inc ($319k), Camp Bethel Inc ($319k) and Ministerio Conexion Divina Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $117k (37% of expenses). Other salaries and wages came to $62k. At year end it held assets of $576k against liabilities of $123k, net assets of $453k. It reported 2 employees.