Global Philanthropy Partnership

Analysis

Global Philanthropy Partnership is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Philanthropy Partnership reported income of $4.8m and spending of $3.8m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $7.0m to $4.8m (-31%), an average of -9.0% a year. The sharpest change came in the year to September 2020, when income dropped by 73%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Global Philanthropy Partnership sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Mt Hope Charities Inc ($4.8m), United Way of North Central Florida Inc ($4.8m) and Howard S and Deborah Jonas Foundation Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $371k (9.9% of expenses). Other salaries and wages came to $526k. At year end it held assets of $4.3m against liabilities of $320k, net assets of $3.9m. It reported 21 employees.