Global Initiatives

Analysis

Global Initiatives is a registered charity in United States, based in Nixa, MO. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Initiatives reported income of $332k and spending of $313k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $298k to $332k (+11%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Global Initiatives sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Pittsburgh Cares ($332k), South Carolina Association of Governmental Organizations ($332k) and Community Rewards Services ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $158k (51% of expenses). At year end it held assets of $219k against liabilities of $0, net assets of $219k.