Global Development Services Inc

Analysis

Global Development Services Inc is a registered charity in United States, based in Spicer, MN. It received its IRS tax-exemption ruling in June 2001, 25 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 Development Services Inc reported income of $168k and spending of $114k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $168k (-23%), an average of -6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Development Services Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include International Assistance Program ($167k), Love at Work Ministries Inc ($168k) and Serving Women in Ghana ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $550k against liabilities of $0, net assets of $550k.