Global Signet Group Inc

Analysis

Global Signet Group Inc is a registered charity in United States, based in Bel Aire, KS. It received its IRS tax-exemption ruling in July 1999, 27 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 Signet Group Inc reported income of $232k and spending of $291k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $254k to $232k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Signet Group Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KS. Charities of a similar size with the same main cause include Marked by Heaven ($232k), Hands of Grace Guatemala Inc ($233k) and Beza Fund Inc ($232k).

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 $64k. At year end it held assets of $33k against liabilities of $12k, net assets of $21k. It reported 1 employees.