Global Children Services Inc
Analysis
Global Children Services Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Global Children Services Inc reported income of $3.6m and spending of $2.6m, leaving 28% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $770k to $3.6m (+374%), an average of +68% a year. The sharpest change came in the year to December 2020, when income rose by 135%. Over the whole period it spent 73% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Children Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Chestnut Mountain Ranch Inc ($3.6m), Community Connections Inc ($3.6m) and Hope Village for Children Inc ($3.6m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $152k (5.8% of expenses). Other salaries and wages came to $689k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 46 employees.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 52%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chestnut Mountain Ranch Inc | Morgantown | $3.6m |
| Community Connections Inc | Winner | $3.6m |
| Hope Village for Children Inc | Meridian | $3.6m |
| Nova Scriptscentral Inc | Falls Church | $3.6m |