Charity Global Inc

Analysis

Charity Global Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Charity Global Inc reported income of $96.8m and spending of $101.3m, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $90.1m to $96.8m (+7.4%), an average of +2.4% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charity Global Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Triumph Gulf Coast Inc ($96.8m), Central California Food Bank ($96.9m) and Lifetime Assistance Incorporated ($96.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1.8m (1.8% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $175.9m against liabilities of $90.4m, net assets of $85.5m. It reported 116 employees.