Global Transformation Ministries Inc

Analysis

Global Transformation Ministries Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 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, Global Transformation Ministries Inc reported income of $254k and spending of $348k, spending 137% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $300k to $254k (-15%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income rose by 121%. 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, Global Transformation Ministries Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within LA. Charities of a similar size with the same main cause include Tenacious Grace Ministries ($254k), Phat Da Buddhist Congregation Inc ($254k) and Hollow Rock Camp Meeting Association ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Other salaries and wages came to $83k. At year end it held assets of $5,600 against liabilities of $2,562, net assets of $3,038.