Glocally Connected Inc

Analysis

Glocally Connected Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. 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, Glocally Connected Inc reported income of $244k and spending of $246k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $244k (+233%), an average of +233% a year. The sharpest change came in the year to December 2023, when income rose by 233%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glocally Connected Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include The Pen and Brush Inc ($244k), Social Concerns Committee of Springfield Gardens Inc ($244k) and Hardin County Genealogy Society a Chapter of Ohio Genealogical Socie ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. It paid $1,536 in professional fundraising fees. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 11 employees.