Global Vision 2020

Analysis

Global Vision 2020 is a registered charity in United States, based in Easton, MD. It received its IRS tax-exemption ruling in July 2014, 12 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 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 Vision 2020 reported income of $247k and spending of $266k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $247k (+176%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 304%. Over the whole period it spent 213% 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 Vision 2020 sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Wyandot County Community Foundation Inc ($247k), Off the Field ($248k) and United Way of Whitewater Valley ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Compensation of current officers, directors and key employees was $120k (45% of expenses). Other salaries and wages came to $5,625. At year end it held assets of $130k against liabilities of $300k, net assets of -$170k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.