Globe4ukraine

Analysis

Globe4ukraine is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 February 2024, Globe4ukraine reported income of $63k and spending of $56k, spending 89% of its income. Across the 2 years on record, from February 2023 to February 2024, income grew from $31k to $63k (+107%), an average of +107% a year. The sharpest change came in the year to February 2024, when income rose by 107%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Globe4ukraine sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include A Future and a Hope for You ($63k), Sharing Gods Light Inc ($63k) and Partnership Mexico Inc ($63k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 40% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.