Globally - Global Entrepreneurship Foundation

Analysis

Globally - Global Entrepreneurship Foundation is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Globally - Global Entrepreneurship Foundation reported income of $170k and spending of $193k, spending 113% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $311k to $170k (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Globally - Global Entrepreneurship Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Santa Maddalena Foundation Inc ($170k), Mimir Chamber Music Festival ($170k) and Birds Nest Foundation Inc ($170k).

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 $45k against liabilities of $0, net assets of $45k.