Globaladvantage

Analysis

Globaladvantage is a registered charity in United States, based in Pueblo West, CO. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Globaladvantage reported income of $3.9m and spending of $3.7m, spending 95% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $5.7m to $3.9m (-32%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Globaladvantage sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Literacy Council of Tyler Inc ($3.9m), Riverside School Inc ($3.9m) and Constellation Schools Westpark Community Elementary ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $207k against liabilities of $0, net assets of $207k.