Global Initiative for Economic Social and Cultural Rights

Analysis

Global Initiative for Economic Social and Cultural Rights is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in April 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 Initiative for Economic Social and Cultural Rights reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Initiative for Economic Social and Cultural Rights sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Mission Africa ($1.5m), Dtwo Ltd ($1.5m) and Junior Achievement of Oki Partners ($1.5m).

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 $279k (26% of expenses). At year end it held assets of $2.1m against liabilities of $56k, net assets of $2.0m.