Global Prison Seminaries Foundation Inc

Analysis

Global Prison Seminaries Foundation Inc is a registered charity in United States, based in Walker, LA. It received its IRS tax-exemption ruling in August 2017, 9 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 Prison Seminaries Foundation Inc reported income of $706k and spending of $973k, spending 138% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $711k to $706k (-0.8%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Prison Seminaries Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Sonscape Ministries ($705k), Northeast Oregon Economic Development District ($706k) and Preambula Group ($705k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $105k (11% of expenses). Other salaries and wages came to $123k. At year end it held assets of $978k against liabilities of $9,656, net assets of $968k. It reported 9 employees.