Global Fund for Widows Inc

Analysis

Global Fund for Widows Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2009, 17 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 Fund for Widows Inc reported income of $839k and spending of $722k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $839k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Fund for Widows Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Friends of the Good Samaritans Inc ($839k), Trinity Hill Family Services ($839k) and Downstairs Cabaret ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $166k. At year end it held assets of $914k against liabilities of $6,249, net assets of $908k. It reported 3 employees.