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Global Forest Generation Inc

RegisteredEIN 83-1150620Arlington, VAEnvironment and conservation
Income$3.5m2024-06
Spending$4.3msame year
Spent / received77%5-year average
Size in its cause91st pctEnvironment and conservation
Exempt since2019Publicly supported organisat
Employees5latest return

Analysis

Global Forest Generation Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2024, Global Forest Generation Inc reported income of $3.5m and spending of $4.3m, spending 124% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $3.5m (+223%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 77% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Global Forest Generation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Coastal Quest ($3.5m), Puget Sound Restoration Fund ($3.5m) and Copper River Watershed Project ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $206k (4.8% of expenses). Other salaries and wages came to $364k. At year end it held assets of $4.0m against liabilities of $65k, net assets of $3.9m. It reported 5 employees.

Income and spending

$0$1.6m$3.1m$4.7m$6.3m2020 Income: $1,073,2292020 Spending: $772,68820202021 Income: $2,107,2152021 Spending: $1,600,34920212022 Income: $3,922,5982022 Spending: $2,592,17220222023 Income: $6,292,1112023 Spending: $3,767,00920232024 Income: $3,466,7472024 Spending: $4,282,2972024
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.8%

Similar-sized charities, same cause

CharityLocationIncome
Coastal QuestBerkeley$3.5m
Puget Sound Restoration FundBainbridge Is$3.5m
Copper River Watershed ProjectCordova$3.5m
Garfield Park Conservatory AllianceChicago$3.5m