Global Development Network Inc

Analysis

Global Development Network Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 2001, 25 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 June 2023, Global Development Network Inc reported income of $286k and spending of $258k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $315k to $286k (-9.3%), an average of -2.4% a year. The sharpest change came in the year to June 2021, when income rose by 124%. Over the whole period it spent 216% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Development Network Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include SEND Hope Inc ($286k), Humanity Auxilium Inc ($286k) and A Place of Hope International ($286k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $268k against liabilities of $191k, net assets of $77k.