Global Impact Inc

Analysis

Global Impact Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in August 1999, 27 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 Impact Inc reported income of $553k and spending of $602k, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $313k to $553k (+77%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 181%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Impact Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Netzach Yaakov ($552k), Straw to Bread ($553k) and Civilitas Foundation ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $150k (25% of expenses). Other salaries and wages came to $123k. At year end it held assets of $408k against liabilities of $0, net assets of $408k. It reported 3 employees.