Global Missions 365 Inc
Analysis
Global Missions 365 Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in September 2019, 7 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 2023, Global Missions 365 Inc reported income of $401k and spending of $281k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $306k to $401k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 70% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Global Missions 365 Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Silkroad Mission ($401k), Jesus Cristo El Buen Pastor ($401k) and Agudath Taharath Mishpachah of East Inc ($401k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $37k (13% of expenses). Other salaries and wages came to $7,370. At year end it held assets of $265k against liabilities of $0, net assets of $265k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Silkroad Mission | Los Angeles | $401k |
| Jesus Cristo El Buen Pastor | Kansas City | $401k |
| Agudath Taharath Mishpachah of East Inc | New York | $401k |
| Spiritual Formation Society of Arizona | Phoenix | $401k |