Global Outreach Developments International

Analysis

Global Outreach Developments International is a registered charity in United States, based in Old Hickory, TN. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Global Outreach Developments International reported income of $3.6m and spending of $3.4m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $3.6m (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Global Outreach Developments International sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Anglo-American Charitable Foundation Ltd ($3.6m), Main Street Community Foundation ($3.6m) and Grantmakers in Health ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $5.7m against liabilities of $3.3m, net assets of $2.4m. It reported 68 employees.