Global Ties Alabama

Analysis

Global Ties Alabama is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Global Ties Alabama reported income of $426k and spending of $386k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $221k to $426k (+92%), an average of +18% a year. The sharpest change came in the year to September 2023, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Ties Alabama sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Trinidad Community Foundation ($425k), Iccd Academy NFP ($426k) and Associated Parents Groups of Hillsborough Inc ($425k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $69k (18% of expenses). Other salaries and wages came to $77k. At year end it held assets of $117k against liabilities of $40k, net assets of $77k. It reported 4 employees.