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Global Training Ministries Inc

RegisteredEIN 75-1830418Indianapolis, INReligion
Income$55k2022-12
Spending$38ksame year
Spent / received115%3-year average
Size in its cause24th pctReligion
Exempt since1982Publicly supported organisat
Employees–latest return

Analysis

Global Training Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1982, 44 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 2022, Global Training Ministries Inc reported income of $55k and spending of $38k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income fell from $77k to $55k (-28%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 42%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Training Ministries Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Vien Minh Buddhist Temples in California in the US ($55k), Tonya Roberson Ministries ($55k) and Gideons Motorcycle Club Inc ($55k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 40% of the total. At year end it held assets of $178k against liabilities of $60, net assets of $178k.

Income and spending

$0$28k$56k$84k$112k2019 Income: $76,8912019 Spending: $111,63120192021 Income: $44,3262021 Spending: $53,43020212022 Income: $55,4332022 Spending: $38,2792022
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Other 60%

Similar-sized charities, same cause

CharityLocationIncome
Vien Minh Buddhist Temples in California in the USGarden Grove$55k
Tonya Roberson MinistriesBerkley$55k
Gideons Motorcycle Club IncMargate$55k
Ananda Meditation Society IncAnaheim$55k