Global Citizens Initiative Inc
Analysis
Global Citizens Initiative Inc is a registered charity in United States, based in Greenwich, CT. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Citizens Initiative Inc reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Global Citizens Initiative Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CT. Charities of a similar size with the same main cause include Muthusami Paravel Foundation ($1.4m), Falcon Foundation ($1.4m) and Hanlin Foundation ($1.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $364k (28% of expenses). Other salaries and wages came to $326k. At year end it held assets of $851k against liabilities of $171k, net assets of $681k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Muthusami Paravel Foundation | Naperville | $1.4m |
| Falcon Foundation | Usaf Academy | $1.4m |
| Hanlin Foundation | Belmont | $1.4m |
| Sierra Waldorf School | Jamestown | $1.4m |