Global Impact Inc II NFP

Analysis

Global Impact Inc II NFP is a registered charity in United States, based in Orland Park, IL. It received its IRS tax-exemption ruling in February 2023, 3 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 Impact Inc II NFP reported income of $91k and spending of $58k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $91k (+5.1%), an average of +5.1% a year. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Global Impact Inc II NFP sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Transformation Camp Inc ($91k), Junior League of Montclair-Newark Inc ($91k) and National Association of Health ($91k).

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 $166k against liabilities of $73, net assets of $166k.