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Global Village Connect

RegisteredEIN 46-1480033Golden Valley, MNPoverty relief
Income$305k2023-12
Spending$235ksame year
Spent / received79%3-year average
Size in its cause56th pctPoverty relief
Exempt since2013Publicly supported organisat
Employees1latest return

Analysis

Global Village Connect is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in March 2013, 13 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 Village Connect reported income of $305k and spending of $235k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $143k to $305k (+114%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Village Connect sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Traded Treasures Thrift Store and Community Food Pantry Inc ($305k), Montgomery County Muslim Foundation Inc ($305k) and Whi Hobbs ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $58k. At year end it held assets of $188k against liabilities of $0, net assets of $188k. It reported 1 employees.

Income and spending

$0$76k$153k$229k$305k2021 Income: $142,5462021 Spending: $109,50620212022 Income: $251,5652022 Spending: $206,59420222023 Income: $305,3382023 Spending: $235,1632023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Traded Treasures Thrift Store and Community Food Pantry IncRipon$305k
Montgomery County Muslim Foundation IncDerwood$305k
Whi HobbsHobbs$305k
Veterans Fishing AdventureAlexandria$305k