Global Fire Ministries

Analysis

Global Fire Ministries is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in August 2003, 23 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 2023, Global Fire Ministries reported income of $61k and spending of $152k, spending 249% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $61k (-87%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Fire Ministries sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include Creative Outreach Ministries International Inc ($61k), Power and Light Partners ($61k) and Transform Seminars ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Other salaries and wages came to $73k. At year end it held assets of $47k against liabilities of $158k, net assets of -$111k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.