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Global Outreach Fund Inc

RegisteredEIN 81-2793464Auburn, CAOverseas aid and international
Income$1.0m2023-12
Spending$514ksame year
Spent / received7.2%5-year average
Size in its cause81st pctOverseas aid and international
Exempt since2016Publicly supported organisat
Employees0latest return

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

$0$3.1m$6.2m$9.3m$12.4m2019 Income: $12,404,2492019 Spending: $71,59920192020 Income: $805,0702020 Spending: $112,51720202021 Income: $830,6032021 Spending: $128,46420212022 Income: $775,8342022 Spending: $320,55020222023 Income: $1,023,3542023 Spending: $514,3052023
IncomeSpending

Where the income comes from

  • Contributions & grants 9.5%
  • Other 91%

Similar-sized charities, same cause

CharityLocationIncome
Nufdi Fund IncPotomac$1.0m
Fundepaz-Nyc IncGlendale$1.0m
Jubilee USA Network IncWashington$1.0m
Ibu FoundationCharleston$1.0m