Global Partnership Ministries Inc

Analysis

Global Partnership Ministries Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in January 1991, 35 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 2021, Global Partnership Ministries Inc reported income of $872k and spending of $650k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $1.1m to $872k (-24%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Partnership Ministries Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within AK. Charities of a similar size with the same main cause include Jesus Youth ($872k), Vision Presbyterian Church ($872k) and Oasis of Hope ($871k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 33% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $52k (8.0% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.