Global Effect Ministries Inc

Analysis

Global Effect Ministries Inc is a registered charity in United States, based in Rosemary BCH, FL. It received its IRS tax-exemption ruling in April 2009, 17 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 2022, Global Effect Ministries Inc reported income of $868k and spending of $951k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $681k to $868k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Effect Ministries Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Nicky Cruz Outreach Inc ($868k), Mission Padamo Aviation and Support Inc ($869k) and Polis Institute Inc ($868k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $173k (18% of expenses). Other salaries and wages came to $60k. At year end it held assets of $502k against liabilities of $76k, net assets of $426k. It reported 3 employees.