Global Friends in Action Inc

Analysis

Global Friends in Action Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in January 2005, 21 years ago. 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 Friends in Action Inc reported income of $432k and spending of $488k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $221k to $432k (+95%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Global Friends in Action Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Renewal Centers Inc ($432k), Mission Housing Development Property IV Inc ($432k) and Council of Community Housing Organizations ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $97k (20% of expenses). At year end it held assets of $259k against liabilities of $97k, net assets of $161k. It reported 1 employees.