Global Payments Care Foundation Inc

Analysis

Global Payments Care Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Global Payments Care Foundation Inc reported income of $170k and spending of $267k, spending 157% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $23k to $170k (+636%), an average of +94% a year. The sharpest change came in the year to September 2021, when income rose by 699%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Global Payments Care Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Grand Prairie Gardens Inc ($170k), Wasatch Community Foundation ($170k) and Westbank Rotary Club Foundation ($170k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.