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Global Gifts of Grand Rapids

RegisteredEIN 84-2991359Grand Rapids, MIPoverty relief
Income$99k2023-12
Spending$145ksame year
Spent / received124%2-year average
Size in its cause32nd pctPoverty relief
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

Global Gifts of Grand Rapids is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2020, 6 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 Gifts of Grand Rapids reported income of $99k and spending of $145k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $99k (+12%), an average of +12% a year. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Gifts of Grand Rapids sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Washburn County Food Pantry Inc ($99k), Sarah Hackett Stevenson Memorial ($99k) and Greater Prairie City Community Association ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. At year end it held assets of $149k against liabilities of $12k, net assets of $137k.

Income and spending

$0$36k$73k$109k$145k2022 Income: $89,0102022 Spending: $88,37320222023 Income: $99,2872023 Spending: $145,4092023
IncomeSpending

Where the income comes from

  • Contributions & grants 4.1%
  • Program services 96%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Washburn County Food Pantry IncSpooner$99k
Sarah Hackett Stevenson MemorialChicago$99k
Greater Prairie City Community AssociationPrairie City$99k
His Supper TableOcean Park$99k