Global Midwest Alliance

Analysis

Global Midwest Alliance is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Midwest Alliance reported income of $278k and spending of $192k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $278k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Midwest Alliance sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include 12th Judicial District Childrens Advocacy Center Inc ($278k), The Pearl Foundation Inc ($278k) and Nuestra Alianza de Willits ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $103k against liabilities of $7,305, net assets of $96k.