Global Communities Inc

Analysis

Global Communities Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in March 1968, 58 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Global Communities Inc reported income of $181.5m and spending of $188.7m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $126.8m to $181.5m (+43%), an average of +9.4% a year. The sharpest change came in the year to September 2022, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Communities Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include DKT International Inc ($173.4m), Project Hope - the People-To-People Health Foundation Inc ($182.0m) and American Near East Refugee Aid Inc ($173.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $2.3m (1.2% of expenses). Other salaries and wages came to $46.2m. At year end it held assets of $313.0m against liabilities of $151.7m, net assets of $161.2m. It reported 324 employees.