Global Youth Ministry Inc

Analysis

Global Youth Ministry Inc is a registered charity in United States, based in Chatsworth, GA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Global Youth Ministry Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $1.1m to $1.1m (-1.0%), an average of -0.3% a year. The sharpest change came in the year to August 2021, when income dropped by 18%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Youth Ministry Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Temple of Change and Transformation ($1.1m), St Paul Methodist Church Memorial Fund Inc ($1.1m) and High Praises Baptist Church ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $7,400 (0.7% of expenses). Other salaries and wages came to $205k. At year end it held assets of $3.3m against liabilities of $2.6m, net assets of $778k. It reported 10 employees.