Global Outreach Fund Inc
Analysis
Global Outreach Fund Inc is a registered charity in United States, based in Auburn, CA. It received its IRS tax-exemption ruling in August 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 December 2023, Global Outreach Fund Inc reported income of $1.0m and spending of $514k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.4m to $1.0m (-92%), an average of -46% a year. The sharpest change came in the year to December 2020, when income dropped by 94%. Over the whole period it spent 7.2% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Outreach Fund Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Nufdi Fund Inc ($1.0m), Fundepaz-Nyc Inc ($1.0m) and Jubilee USA Network Inc ($1.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% of the total. At year end it held assets of $21.8m against liabilities of $16k, net assets of $21.8m.
Income and spending
Where the income comes from
- Contributions & grants 9.5%
- Other 91%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nufdi Fund Inc | Potomac | $1.0m |
| Fundepaz-Nyc Inc | Glendale | $1.0m |
| Jubilee USA Network Inc | Washington | $1.0m |
| Ibu Foundation | Charleston | $1.0m |