Global Ties Abq

Analysis

Global Ties Abq is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 2007, 19 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 Ties Abq reported income of $490k and spending of $281k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $296k to $490k (+66%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Ties Abq sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within NM. Charities of a similar size with the same main cause include Friends of Mishteret Yisrael - Yatar Division Inc ($490k), Soliya Inc ($490k) and Childrens Health Ministries ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $60k (21% of expenses). Other salaries and wages came to $98k. At year end it held assets of $357k against liabilities of $215, net assets of $357k. It reported 5 employees.