Center for Global Development

Analysis

Center for Global Development is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Center for Global Development reported income of $15.7m and spending of $21.0m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.1m to $15.7m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Global Development 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 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Young Mens Christian Association of South Palm Beach County Inc ($15.7m), Special Needs Network Inc ($15.7m) and Young Mens Christian Association of Erie Pa ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $1.6m (7.5% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $60.3m against liabilities of $11.3m, net assets of $49.0m. It reported 93 employees.