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Global Citizens Initiative Inc

RegisteredEIN 46-1850022Greenwich, CTEducation and training
Income$1.4m2023-12
Spending$1.3msame year
Spent / received98%5-year average
Size in its cause79th pctEducation and training
Exempt since2014Publicly supported organisat
Employees6latest return

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

$0$340k$681k$1.0m$1.4m2019 Income: $1,146,8792019 Spending: $1,007,61620192020 Income: $644,9602020 Spending: $665,04720202021 Income: $1,270,4982021 Spending: $1,103,66520212022 Income: $1,019,7972022 Spending: $1,256,24920222023 Income: $1,361,8832023 Spending: $1,302,3962023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Program services 16%

Similar-sized charities, same cause

CharityLocationIncome
Muthusami Paravel FoundationNaperville$1.4m
Falcon FoundationUsaf Academy$1.4m
Hanlin FoundationBelmont$1.4m
Sierra Waldorf SchoolJamestown$1.4m