Global Ministry Resources
Analysis
Global Ministry Resources is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2016, 10 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 September 2023, Global Ministry Resources reported income of $199k and spending of $199k, spending 100% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $179k to $199k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Global Ministry Resources sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Tu Vien Ho Phap Monastery ($199k), Marketplace Missionary ($199k) and Bases Loaded Prospects Academy Inc ($199k).
On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tu Vien Ho Phap Monastery | El Monte | $199k |
| Marketplace Missionary | Oakdale | $199k |
| Bases Loaded Prospects Academy Inc | Villa Rica | $199k |
| Radio Cantico Nuevo Inc | Brooklyn | $199k |