Global Center on Cooperative Security Inc

Analysis

Global Center on Cooperative Security Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2015, 11 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, Global Center on Cooperative Security Inc reported income of $5.6m and spending of $6.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $5.6m (+27%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Center on Cooperative Security Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include The Water Project Inc ($5.6m), Nest Inc ($5.7m) and Kepler Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $355k (5.9% of expenses). Other salaries and wages came to $1.3m. It paid $16k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $479k. It reported 14 employees.