Global Catalytic Network

Analysis

Global Catalytic Network is a registered charity in United States, based in Rockledge, FL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Catalytic Network reported income of $922k and spending of $784k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $717k to $922k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Global Catalytic Network sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Herbert Wallace Memorial Volunteer Fire Co ($922k), Agriculture Center Volunteer Fire Department Inc ($929k) and Castleton Volunteer Ambulance Service Inc ($920k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $32k (4.1% of expenses). At year end it held assets of $200k against liabilities of $25k, net assets of $176k. It reported 1 employees.