Global Peht Corp

Analysis

Global Peht Corp is a registered charity in United States, based in Cos Cob, CT. It received its IRS tax-exemption ruling in October 2016, 10 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 June 2023, Global Peht Corp reported income of $1.5m and spending of $984k, leaving 35% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $411k to $1.5m (+266%), an average of +91% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Peht Corp sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include The Wisconsin Project on Nuclear Arms Control ($1.5m), Junior Achievement of Central Upstate New York Inc ($1.5m) and Hanan Refugees Relief Group ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $104k (11% of expenses). Other salaries and wages came to $398k. It paid $6,037 in professional fundraising fees. At year end it held assets of $927k against liabilities of $96k, net assets of $831k. It reported 16 employees.