Global Benefit

Analysis

Global Benefit is a registered charity in United States, based in Laconia, NH. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Benefit reported income of $222k and spending of $220k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $481k to $222k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Benefit sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within NH. Charities of a similar size with the same main cause include Open Door Project ($222k), Casa de Esperanza Ministries Inc ($222k) and International Fellowship for Mission As Transformation-Infemit ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,536 against liabilities of $0, net assets of $4,536.