Global Charity Foundation
Global Charity Foundation consistently operates with expenses exceeding revenue in recent years, maintaining zero officer compensation and liabilities.
EIN: 205015581 · Las Vegas, NV · NTEE: Q12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $596K |
| Total Expenses | $66K |
| Program Spending | 80% |
| Net Assets | $799K |
| Transparency Score | 75/100 |
Is Global Charity Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Charity Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Charity Foundation
Global Charity Foundation (EIN: 205015581) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code Q12. The organization reported total revenue of $596K and total assets of $849K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Charity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Charity Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $66K |
| Surplus / Deficit | $-4,475 |
| Total Assets | $799K |
| Net Assets | $799K |
| Operating Margin | -7.2% |
| Months of Reserves | 144.3 months |
Financial Health Grade: B
In 2023, Global Charity Foundation reported a deficit of $4K with expenses exceeding revenue, holds 144.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Global Charity Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.2% | -38.3% | +3.4% |
| 2022 | +23.2% | +246.8% | -5.4% |
| 2021 | -30.2% | -56.3% | +4.5% |
| 2020 | -32.0% | -26.7% | +7.9% |
| 2019 | +20.5% | -6.7% | +22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Global Charity Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Global Charity Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a positive for minimizing overhead related to top salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Global Charity Foundation's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., 2023 and 2022)
- Lack of detailed program spending breakdown in provided data, making impact assessment difficult
Strengths
The following positive indicators were identified for Global Charity Foundation:
- Consistent reporting of zero liabilities across all filings
- No reported officer compensation, indicating volunteer leadership or highly efficient compensation structure
- Long operational history with 13 filings, demonstrating stability and commitment
- Substantial asset base ($849,027 latest, $798,572 in 2023) providing financial cushion
Frequently Asked Questions about Global Charity Foundation
Is Global Charity Foundation a legitimate charity?
Global Charity Foundation (EIN: 205015581) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $596K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Global Charity Foundation spend its money?
Global Charity Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Global Charity Foundation tax-deductible?
Global Charity Foundation is registered as a tax-exempt nonprofit (EIN: 205015581). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Global Charity Foundation's spending goes to programs?
Global Charity Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Charity Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Global Charity Foundation is above average for NTEE category Q12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Charity Foundation located?
Global Charity Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 205015581. It is classified under NTEE code Q12.
How many years of IRS 990 filings does Global Charity Foundation have?
Global Charity Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $596K in total revenue.
Is Global Charity Foundation financially sustainable given recent expense trends?
The organization has shown expenses exceeding revenue in 2023 ($66,422 vs $61,947) and 2022 ($107,608 vs $81,722). While assets are substantial ($798,572 in 2023), this trend, if continued, could impact long-term sustainability.
How does Global Charity Foundation fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership is likely volunteer-based, or compensated through other means not classified as officer compensation on the 990-EZ, which is common for smaller nonprofits.
What is the nature of Global Charity Foundation's programs?
With an NTEE code of Q12 (International, Foreign Affairs), Global Charity Foundation's programs are focused on international initiatives, though specific program details are not available in the provided financial summary.
Filing History
IRS 990 filing history for Global Charity Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Charity Foundation's revenue has grown by 89.3%, moving from $33K to $62K. Total assets increased by 118.7% over the same period, from $365K to $799K. Total functional expenses rose by 113.5%, from $31K to $66K. In its most recent filing year (2023), Global Charity Foundation reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $66K | $799K | $0 | — | View 990 |
| 2022 | $82K | $108K | $772K | $0 | — | View 990 |
| 2021 | $66K | $31K | $816K | $0 | — | View 990 |
| 2020 | $95K | $71K | $781K | $0 | — | View 990 |
| 2019 | $140K | $97K | $724K | $0 | — | View 990 |
| 2018 | $116K | $104K | $590K | $0 | — | View 990 |
| 2017 | $168K | $94K | $618K | $0 | — | View 990 |
| 2016 | $97K | $92K | $521K | $0 | — | View 990 |
| 2015 | $102K | $53K | $497K | $0 | — | View 990 |
| 2014 | $77K | $61K | $462K | $0 | — | View 990 |
| 2013 | $138K | $57K | $452K | $0 | — | View 990 |
| 2012 | $58K | $51K | $386K | $0 | — | View 990 |
| 2011 | $33K | $31K | $365K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $66K, and assets of $799K (revenue -24.2% year-over-year).
- 2022: Revenue of $82K, expenses of $108K, and assets of $772K (revenue +23.2% year-over-year).
- 2021: Revenue of $66K, expenses of $31K, and assets of $816K (revenue -30.2% year-over-year).
- 2020: Revenue of $95K, expenses of $71K, and assets of $781K (revenue -32.0% year-over-year).
- 2019: Revenue of $140K, expenses of $97K, and assets of $724K (revenue +20.5% year-over-year).
- 2018: Revenue of $116K, expenses of $104K, and assets of $590K (revenue -30.8% year-over-year).
- 2017: Revenue of $168K, expenses of $94K, and assets of $618K (revenue +72.6% year-over-year).
- 2016: Revenue of $97K, expenses of $92K, and assets of $521K (revenue -4.5% year-over-year).
- 2015: Revenue of $102K, expenses of $53K, and assets of $497K (revenue +32.6% year-over-year).
- 2014: Revenue of $77K, expenses of $61K, and assets of $462K (revenue -44.3% year-over-year).
- 2013: Revenue of $138K, expenses of $57K, and assets of $452K (revenue +139.3% year-over-year).
- 2012: Revenue of $58K, expenses of $51K, and assets of $386K (revenue +76.1% year-over-year).
- 2011: Revenue of $33K, expenses of $31K, and assets of $365K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Charity Foundation:
Data Sources and Methodology
This transparency report for Global Charity Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.