Global Renewal

Analysis

Global Renewal is a registered charity in United States, based in Tafton, PA. It received its IRS tax-exemption ruling in December 1998, 28 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, Global Renewal reported income of $358k and spending of $365k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $358k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Renewal sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Kids for Peace Inc ($358k), Civic Leadership USA ($358k) and Miqueas 6-8 Inc ($358k).

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 $96k (26% of expenses). At year end it held assets of $122k against liabilities of $31k, net assets of $92k. It reported 2 employees.