Globewomen Research & Education Institute

Analysis

Globewomen Research & Education Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 December 2023, Globewomen Research & Education Institute reported income of $1.1m and spending of $1.2m, spending 105% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.1m (+0.2%), an average of +0.0% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Globewomen Research & Education Institute sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 57th percentile within DC. Charities of a similar size with the same main cause include Historic Richmond Foundation-The William Byrd Branch of Apva Preser ($1.1m), Kerrville Folk Festival Foundation Inc ($1.1m) and Keystone Research Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $413k (35% of expenses). Other salaries and wages came to $121k. At year end it held assets of $4.3m against liabilities of $161k, net assets of $4.1m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.