Global Investment Foundation Fortomorrow Inc

Analysis

Global Investment Foundation Fortomorrow Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 2007, 19 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 Investment Foundation Fortomorrow Inc reported income of $1.2m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $842k to $1.2m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Investment Foundation Fortomorrow Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within DE. Charities of a similar size with the same main cause include American International Recruitment Council ($1.2m), North Shore Nursery School Inc ($1.2m) and Learning Agency Lab ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $187k (16% of expenses). At year end it held assets of $374k against liabilities of $344k, net assets of $30k. It reported 1 employees.