Global Opportunities Unlimited

Analysis

Global Opportunities Unlimited is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Opportunities Unlimited reported income of $58k and spending of $97k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $174k to $58k (-67%), an average of -67% a year. The sharpest change came in the year to December 2023, when income dropped by 67%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Opportunities Unlimited sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within NM. Charities of a similar size with the same main cause include Gospel Against AIDS Inc ($58k), Care 4 U Inc ($58k) and Tahoma Clinic Foundation ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 81% of the total. At year end it held assets of $217k against liabilities of $1,649, net assets of $215k.