Global Brotherhood Foundation

Analysis

Global Brotherhood Foundation is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in June 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 Brotherhood Foundation reported income of $140k and spending of $109k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $140k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Global Brotherhood Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include San Diego Womans Club Foundation ($140k), Friends of Residential Treasures LA ($141k) and Professional Opportunities Program for Students Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.