Global Resilient Cities Network

Analysis

Global Resilient Cities Network is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, 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 Resilient Cities Network reported income of $4.0m and spending of $4.9m, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $3.8m to $4.0m (+5.9%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Resilient Cities Network sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Palcare ($4.0m), Long Island Adolescent and Family Services Inc ($4.0m) and Lincoln Home ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $852k (17% of expenses). Other salaries and wages came to $541k. At year end it held assets of $5.8m against liabilities of $261k, net assets of $5.5m. It reported 9 employees.