Go Global NC Council Inc

Analysis

Go Global NC Council Inc is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in January 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Go Global NC Council Inc reported income of $719k and spending of $1.0m, spending 140% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.0m to $719k (-63%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 54%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Go Global NC Council Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Project 82 Kenya Inc ($718k), Kenyan Schools of Hope ($719k) and Mission Gait ($715k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $108k (11% of expenses). Other salaries and wages came to $300k. At year end it held assets of $1.4m against liabilities of $12k, net assets of $1.4m. It reported 6 employees.