Global Business School Network

Analysis

Global Business School Network is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2004, 22 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 Business School Network reported income of $900k and spending of $1.0m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $859k to $900k (+4.8%), an average of +1.2% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Business School Network sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 53rd percentile within DC. Charities of a similar size with the same main cause include Township Seven Ems Inc ($900k), Regional Innovation and Startup Education Inc ($900k) and Brooksville Engineering Science & Technology Inc ($899k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $196k (19% of expenses). Other salaries and wages came to $323k. At year end it held assets of $367k against liabilities of $26k, net assets of $341k.

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.