Globeserve International

Analysis

Globeserve International is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Globeserve International reported income of $780k and spending of $649k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $353k to $780k (+121%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Globeserve International sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within AZ. Charities of a similar size with the same main cause include Disciples Seminary Foundation of TH Christian CHRCHS Discpls of Christ ($780k), Champaign Urbana Jewish Federation ($780k) and Weidner Ministries ($778k).

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 $214k against liabilities of $0, net assets of $214k.