Global Food Partners Inc

Analysis

Global Food Partners Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Food Partners Inc reported income of $4.4m and spending of $1.6m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $894k to $4.4m (+392%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 352%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Food Partners Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Chemlu Developmental Disabilities Center Inc ($4.4m), Childrens Advocacy Center of SW Florida Inc ($4.4m) and Winfield Rest Haven Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (7.9% of expenses). At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m. It reported 1 employees.