Global Paint for Charity Inc

Analysis

Global Paint for Charity Inc is a registered charity in United States, based in Peachtree Corners, GA. It received its IRS tax-exemption ruling in June 2012, 14 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 Paint for Charity Inc reported income of $1.4m and spending of $1.7m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.4m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Paint for Charity Inc 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 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Abraham Fund Initiatives ($1.4m), African Leadership Inc ($1.4m) and American Yedidim ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $625k against liabilities of $155k, net assets of $470k.