Global Albanians Foundation

Analysis

Global Albanians Foundation is a registered charity in United States, based in Braintree, MA. It received its IRS tax-exemption ruling in February 2019, 7 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 Albanians Foundation reported income of $130k and spending of $203k, spending 156% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $192k to $130k (-32%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Albanians Foundation sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Friends of Medjugorje ($130k), Action Africa Inc ($130k) and New Life Orphanages International Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $175k against liabilities of $191k, net assets of -$15k.