Global Shareresource Foundation

Analysis

Global Shareresource Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2003, 23 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, Global Shareresource Foundation reported income of $287k and spending of $186k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $287k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 81% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Shareresource Foundation 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 58th percentile within NY. Charities of a similar size with the same main cause include Emmanuel Global Network USA ($287k), Casa de LA Esperanza Homes of Hope Corporation ($287k) and Middle East Policy Council ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.