Global Neighborhood

Analysis

Global Neighborhood is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 2010, 16 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 2023, Global Neighborhood reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $512k to $2.1m (+314%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Neighborhood sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Formosa Taiwan Inc ($2.1m), Arizona National Livestock Show Inc ($2.1m) and Growing Gardens ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $108k (5.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.9m against liabilities of $3.1m, net assets of $722k. It reported 54 employees.