Global Pendulum

Analysis

Global Pendulum is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Global Pendulum reported income of $254k and spending of $287k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $224k to $254k (+13%), an average of +6.4% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Pendulum sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Mustard Seed Development Center ($254k), High Adventure Gospel Communication Ministries Inc ($254k) and Amazing Grace Food Pantry ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $66k (23% of expenses). At year end it held assets of $138k against liabilities of -$14k, net assets of $152k.