Global Network Initiative

Analysis

Global Network Initiative is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2011, 15 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 December 2023, Global Network Initiative reported income of $1.3m and spending of $1.5m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Network Initiative 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 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Helping Hands Ministries International Inc ($1.3m), Five Talents U S a ($1.3m) and Reel Life International Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $412k (28% of expenses). Other salaries and wages came to $180k. At year end it held assets of $1.6m against liabilities of $49k, net assets of $1.5m. It reported 5 employees.