Global for Good Fund Inc

Analysis

Global for Good Fund Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in July 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 for Good Fund Inc reported income of $1.1m and spending of $865k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $589k to $1.1m (+93%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global for Good Fund Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include In-Sight ($1.1m), Sweetwater Foundation Inc ($1.1m) and Riverton Senior Citizens Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $472k against liabilities of $0, net assets of $472k.