Global Environment & Technology Foundation
Analysis
Global Environment & Technology Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Global Environment & Technology Foundation reported income of $21.2m and spending of $22.1m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.7m to $21.2m (+45%), an average of +9.6% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 111% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Global Environment & Technology Foundation sits at the 99th percentile: it is larger than about 99% 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 Gilroy Gardens Family Theme Park ($20.9m), Yellowstone Forever ($21.3m) and National Recreation & Park Association ($20.8m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $1.4m (6.4% of expenses). Other salaries and wages came to $270k. At year end it held assets of $16.2m against liabilities of $6.7m, net assets of $9.6m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Program services 2.6%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gilroy Gardens Family Theme Park | Gilroy | $20.9m |
| Yellowstone Forever | Bozeman | $21.3m |
| National Recreation & Park Association | Ashburn | $20.8m |
| Advanced Energy Institute | Washington | $21.3m |