Global Foundation

Analysis

Global Foundation is a registered charity in United States, based in Glenside, PA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Global Foundation reported income of $161k and spending of $20k, leaving 88% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $75k to $161k (+114%), an average of +114% a year. The sharpest change came in the year to June 2023, when income rose by 114%. Over the whole period it spent 11% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Global Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Friends of T J Foundation Inc ($161k), Shared Space for All ($161k) and Whiteland Band Boosters Inc ($161k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $392k against liabilities of $100k, net assets of $292k.