Global Charitable Resources Inc

Analysis

Global Charitable Resources Inc is a registered charity in United States, based in Davidsonville, MD. It received its IRS tax-exemption ruling in September 2010, 16 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 June 2023, Global Charitable Resources Inc reported income of $348k and spending of $334k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $661k to $348k (-47%), an average of -19% a year. The sharpest change came in the year to June 2022, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Charitable Resources Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MD. Charities of a similar size with the same main cause include Global Hope ($348k), U S Foundation for the University of Victoria ($348k) and Kudvumisa Foundation USA Inc ($348k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $171k against liabilities of $541, net assets of $171k.