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Global Risk Management Institute Inc

RegisteredEIN 13-4059911New York, NYEducation and training
Income$389k2023-12
Spending$172ksame year
Spent / received58%5-year average
Size in its cause65th pctEducation and training
Exempt since2000Publicly supported organisat
Employees0latest return

Analysis

Global Risk Management Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Risk Management Institute Inc reported income of $389k and spending of $172k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $496k to $389k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Risk Management Institute Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Girls Education Fund Inc ($389k), Durango Montessori Inc ($389k) and Routt County Riders ($389k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $2.6m against liabilities of $25k, net assets of $2.5m.

Income and spending

$0$130k$259k$389k$519k2019 Income: $495,8782019 Spending: $302,74320192020 Income: $429,5732020 Spending: $350,96620202021 Income: $518,5452021 Spending: $238,05120212022 Income: $354,1972022 Spending: $199,62920222023 Income: $388,6392023 Spending: $171,9222023
IncomeSpending

Where the income comes from

  • Program services 88%
  • Other 12%

Similar-sized charities, same cause

CharityLocationIncome
Girls Education Fund IncQueen Creek$389k
Durango Montessori IncDurango$389k
Routt County RidersSteamboat SPR$389k
Excellent Covenant Christian Academy IncKilleen$389k