GLF Global Leadership Foundation U Sa

Analysis

GLF Global Leadership Foundation U Sa is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 2005, 21 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, GLF Global Leadership Foundation U Sa reported income of $343k and spending of $539k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $405k to $343k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 129% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, GLF Global Leadership Foundation U Sa sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include World Federalists Association ($343k), Hands of Mercy Ministries ($343k) and Hasang Caritas International Relief ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $82k in professional fundraising fees. At year end it held assets of $253k against liabilities of $0, net assets of $253k.

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.