Gleaning for the World Inc

Analysis

Gleaning for the World Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in April 1999, 27 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 (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, Gleaning for the World Inc reported income of $6.3m and spending of $6.6m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.7m to $6.3m (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 51%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Gleaning for the World Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Nudge Foundation ($6.2m), African Center for Economic Transformation ($6.3m) and Precision Development Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $88k (1.3% of expenses). Other salaries and wages came to $339k. At year end it held assets of $3.4m against liabilities of $1.2m, net assets of $2.2m. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.