Israel Global Initiative Fund Inc

Analysis

Israel Global Initiative Fund Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2020, 6 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 March 2023, Israel Global Initiative Fund Inc reported income of $223k and spending of $411k, spending 184% of what it took in. Across the 3 years on record, from March 2021 to March 2023, income fell from $595k to $223k (-62%), an average of -39% a year. The sharpest change came in the year to March 2023, when income dropped by 59%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Israel Global Initiative Fund Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Sacred Valley Project Inc ($223k), His Cherished Ones Inc ($224k) and Amal Alliance Inc ($223k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 126% of the total. At year end it held assets of $445k against liabilities of $0, net assets of $445k.