Global Impact Investing Network Inc

Analysis

Global Impact Investing Network Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2012, 14 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 Impact Investing Network Inc reported income of $10.6m and spending of $11.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $10.6m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 158%. Over the whole period it spent 94% 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 Impact Investing Network Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Legacy Ministries International ($10.6m), Grand Teton National Park Foundation ($10.6m) and Berrien Community Foundation Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.5m (13% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $15.8m against liabilities of $4.2m, net assets of $11.5m. It reported 65 employees.