Global Business Success Foundation

Analysis

Global Business Success Foundation is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Global Business Success Foundation reported income of $258k and spending of $253k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $258k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Business Success Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within OK. Charities of a similar size with the same main cause include Legacy Education Inc ($258k), Watchung Borough Parent-Teacher Organization ($258k) and North American Jat Charities Inc ($258k).

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 $89k. At year end it held assets of $14k against liabilities of $2,043, net assets of $12k. It reported 1 employees.