Global Inheritance Inc

Analysis

Global Inheritance Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2012, 14 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 December 2023, Global Inheritance Inc reported income of $342k and spending of $331k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $342k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Global Inheritance Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Interior Alaska Land Trust ($342k), Kinnickinnic River Land Trust Inc ($342k) and Jones River Watershed Association Inc ($342k).

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 $7,980. At year end it held assets of $71k against liabilities of $6,979, net assets of $64k. It reported 2 employees.