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Midland Global Strategies

RegisteredEIN 82-4304704Los Angeles, CAOther charitable purposes
Income$462k2023-12
Spending$404ksame year
Spent / received87%5-year average
Size in its cause67th pctOther charitable purposes
Exempt since2019Publicly supported organisat
Employees0latest return

Analysis

Midland Global Strategies is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Midland Global Strategies reported income of $462k and spending of $404k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $462k (+2.4%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Midland Global Strategies sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include National Church Residences of ($462k), Lamesa Boys and Girls Club Inc ($462k) and Mid Peninsula Coalition Belle Haven Inc ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $436k against liabilities of $12k, net assets of $424k.

Income and spending

$0$118k$235k$353k$471k2019 Income: $451,0002019 Spending: $429,20220192020 Income: $470,7572020 Spending: $360,60520202021 Income: $465,0112021 Spending: $339,53620212022 Income: $341,0592022 Spending: $364,69220222023 Income: $461,9762023 Spending: $403,5252023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
National Church Residences ofColumbus$462k
Lamesa Boys and Girls Club IncLamesa$462k
Mid Peninsula Coalition Belle Haven IncFoster City$462k
Bethany Volunteer Firemans Association IncBethany$462k