Global 504

Analysis

Global 504 is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 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 504 reported income of $255k and spending of $236k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $285k to $255k (-10%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global 504 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 62nd percentile within FL. Charities of a similar size with the same main cause include Commonwealth Human Services Foundation ($255k), Friends of Hatzolah Ashdod Drom ($255k) and Lutherlyn Properties ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $127k. At year end it held assets of $144k against liabilities of $680, net assets of $143k. It reported 2 employees.