Global Celebration

Analysis

Global Celebration is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Global Celebration reported income of $2.1m and spending of $2.2m, spending 106% of what it took in. Across the 6 years on record, from January 2019 to January 2024, income fell from $3.0m to $2.1m (-32%), an average of -7.3% a year. The sharpest change came in the year to January 2020, when income dropped by 19%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Celebration sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Oasis Counseling International ($2.1m), Life Impact Inc ($2.1m) and Congregation Dorg ($2.1m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 66% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $211k (9.7% of expenses). Other salaries and wages came to $57k. At year end it held assets of $478k against liabilities of $72k, net assets of $406k. It reported 5 employees.