Global Impact Initiative

Analysis

Global Impact Initiative is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Impact Initiative reported income of $151k and spending of $116k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $308k to $151k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Impact Initiative sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Military Outreach USA NFP ($151k), Vital Flight Inc ($151k) and Council of Volunteers and Mentors ($151k).

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 $9,819. At year end it held assets of $94k against liabilities of $2,380, net assets of $92k. It reported 1 employees.