Global Oved Dei Seminary & University Inc

Analysis

Global Oved Dei Seminary & University Inc is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in April 2015, 11 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 2021, Global Oved Dei Seminary & University Inc reported income of $273k and spending of $295k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $262k to $273k (+3.9%), an average of +1.9% a year. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Oved Dei Seminary & University Inc sits at the 54th 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 63rd percentile within FL. Charities of a similar size with the same main cause include Graces Closet ($273k), Metro Smart Cities Inc ($273k) and 30 for the Kids Inc ($273k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $58k (20% of expenses). Other salaries and wages came to $40k. At year end it held assets of $86k against liabilities of $203k, net assets of -$117k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.