Global Redemption Inc

Analysis

Global Redemption Inc is a registered charity in United States, based in Nicholasville, KY. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Redemption Inc reported income of $61k and spending of $59k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $61k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Redemption Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within KY. Charities of a similar size with the same main cause include Aid for Baja California Incorporated ($61k), Rukmini Foundation ($61k) and East Asia Foundation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,897 against liabilities of $0, net assets of $1,897.