Global Entrepreneurship Network Inc

Analysis

Global Entrepreneurship Network Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Entrepreneurship Network Inc reported income of $17.8m and spending of $15.4m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.8m to $17.8m (+161%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Entrepreneurship Network Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Blackburn University ($17.8m), Suffolk Cooperative Library System ($17.8m) and Metro Schools ($17.8m).

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 $1.6m. At year end it held assets of $11.3m against liabilities of $4.7m, net assets of $6.7m. It reported 7 employees.