Global Education Benchmark Group
Analysis
Global Education Benchmark Group is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, Global Education Benchmark Group reported income of $730k and spending of $638k, spending 87% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $394k to $730k (+85%), an average of +23% a year. The sharpest change came in the year to July 2023, when income rose by 52%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Global Education Benchmark Group sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Agape Christian Preschool ($730k), Threefold Education Association ($730k) and Wildcat Booster Club ($730k).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 24% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $82k (13% of expenses). Other salaries and wages came to $270k. At year end it held assets of $433k against liabilities of $76k, net assets of $357k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 24%
- Program services 71%
- Other 4.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Agape Christian Preschool | San Jose | $730k |
| Threefold Education Association | Mechanicsburg | $730k |
| Wildcat Booster Club | North Bend | $730k |
| Ixs Foundation | Henderson | $730k |