Global Cooperation for Advancement Inc

Analysis

Global Cooperation for Advancement Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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 Cooperation for Advancement Inc reported income of $100k and spending of $82k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $100k to $100k (+0.8%), an average of +0.4% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Global Cooperation for Advancement Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Helping Hands Network ($100k), Brewton Council of the Arts ($100k) and Future Farmers of America and Its State Associations & Local Chapter ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.