Global Capital Connections Inc
Analysis
Global Capital Connections Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2011, 15 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 Capital Connections Inc reported income of $103k and spending of $97k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $103k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 99% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Capital Connections Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 19th percentile within DC. Charities of a similar size with the same main cause include Community Health Africa - a Poverty Solution Chaps Inc ($103k), Roots of Health ($103k) and Golden Courage International Inc Research and Service for ($103k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Health Africa - a Poverty Solution Chaps Inc | Mercer Island | $103k |
| Roots of Health | New York | $103k |
| Golden Courage International Inc Research and Service for | Ann Arbor | $103k |
| Christian Mission for the Deaf | Aledo | $103k |