Digital Promise Global

Analysis

Digital Promise Global is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2014, 12 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, Digital Promise Global reported income of $58.2m and spending of $60.9m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.1m to $58.2m (+542%), an average of +59% a year. The sharpest change came in the year to December 2020, when income rose by 644%. Over the whole period it spent 91% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Digital Promise Global sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within DC. Charities of a similar size with the same main cause include New Israel Fund ($57.4m), Ipas ($59.3m) and Halo Trust USA Inc ($57.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $2.0m (3.2% of expenses). Other salaries and wages came to $22.3m. At year end it held assets of $138.6m against liabilities of $94.0m, net assets of $44.6m. It reported 225 employees.