Global Whole Being Fund

Analysis

Global Whole Being Fund is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in November 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 December 2023, Global Whole Being Fund reported income of $15.8m and spending of $6.3m, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.7m to $15.8m (+497%), an average of +497% a year. The sharpest change came in the year to December 2023, when income rose by 497%. Over the whole period it spent 34% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Whole Being Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Airlink Inc ($15.8m), Junior Achievement USA ($16.1m) and American Friends of Natal Inc ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $278k (4.4% of expenses). Other salaries and wages came to $106k. At year end it held assets of $12.2m against liabilities of $24k, net assets of $12.2m. It reported 2 employees.