Global Impact Inc

Analysis

Global Impact Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in December 2001, 25 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 Impact Inc reported income of $355k and spending of $369k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $355k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Impact Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include The Foundation for a Civil Society Ltd ($355k), Abaton Belize ($356k) and Soccer for Peace Foundation Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $100k. At year end it held assets of $187k against liabilities of $56k, net assets of $131k. It reported 1 employees.