Global Impact Group Inc

Analysis

Global Impact Group Inc is a registered charity in United States, based in Emeryville, CA. It received its IRS tax-exemption ruling in October 2000, 26 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, Global Impact Group Inc reported income of $126k and spending of $129k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $234k to $126k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Global Impact Group Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Yeshivas Ner Dovid Inc ($126k), Revelation 320 Missionary Ministry and Biblical Teachings Inc ($126k) and Kuppa Cares ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $298 against liabilities of $0, net assets of $298.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.