Glory Mission Foundation Inc

Analysis

Glory Mission Foundation Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in January 2021, 5 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, Glory Mission Foundation Inc reported income of $91k and spending of $26k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $91k (+435%), an average of +435% a year. The sharpest change came in the year to December 2023, when income rose by 435%. Over the whole period it spent 41% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Glory Mission Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Reconciliation Ministries Inc ($91k), Stephen a Garner Ministries ($91k) and Doorkeepers ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.