Global Contributions Inc

Analysis

Global Contributions Inc is a registered charity in United States, based in LA Porte, TX. It received its IRS tax-exemption ruling in August 2007, 19 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 2022, Global Contributions Inc reported income of $60k and spending of $60k, spending 100% of its income. Across the 3 years on record, from December 2018 to December 2022, income fell from $232k to $60k (-74%), an average of -49% a year. The sharpest change came in the year to December 2021, when income dropped by 52%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Contributions Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Horizon of Hope of Wisconsin Inc ($60k), Compassion Corps ($60k) and The Josh Fund ($60k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $5,119, net assets of $80k.