Global Shore Opportunities Inc

Analysis

Global Shore Opportunities Inc is a registered charity in United States, based in Ft Washington, PA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Shore Opportunities Inc reported income of $99k and spending of $100k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $99k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Shore Opportunities Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Bittersweet Ministries Inc ($99k), Living Hope Gospel Ministries Inc ($99k) and Emerge Global Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,686 against liabilities of $0, net assets of $9,686.