Global Communities INC FY2024 filing

Tax-deductible

Bethesda, MD501(c)(3)Since 1952InternationalEIN 52-0846183Revenue $173.2M in FY2024

On file with the IRSglobalcommunities.org7700 Wisconsin Ave, 20814-3581 · Bethesda, MDTax-exempt since Mar 1968Publicly supported — 509(a)(2)

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Global Communities brings together local ingenuity and Global insights to save lives and secure strong futures.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$3.8M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $692K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.8M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
23
named funders · $10.8M
Looks good: 23 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$118.9M
43% of total assets
Looks good: liabilities are 43% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$173.2M
-5% vs prior year
Spent
$176.0M
To programs
81%
Net assets
$158.6M
By yearFY2020–FY2025
Revenue
$173.2M
FY2024▼ -5%
Tap a bar for its year
Revenue by fiscal year
FY2020$110.6M
FY2021$140.7M
FY2022$190.8M
FY2023$181.5M
FY2024$173.2M
FY2025$112.1M
Expenses
$176.0M
FY2024▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$111.2M
FY2021$129.4M
FY2022$175.7M
FY2023$188.7M
FY2024$176.0M
FY2025$123.8M
Net assets
$158.6M
FY2024▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$135.7M
FY2021$154.2M
FY2022$163.6M
FY2023$161.2M
FY2024$158.6M
FY2025$134.7M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1968.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $143.1M Management & general 18% · $31.6M Fundraising 1% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

30 people listed on the 990; $3.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Former CEO and Senior Advisor
$595,506Pt VII · Sec A
President & CEO
$455,274Pt VII · Sec A
Chief of Party
$363,663Pt VII · Sec A
Country Director (end 02/24)
$341,959Pt VII · Sec A
Exec. VP & COO (end 03/24)
$305,082Pt VII · Sec A
Vice President & CFO (end 05/24)
$280,083Pt VII · Sec A
Chief of Party
$271,681Pt VII · Sec A
Country Director II
$271,160Pt VII · Sec A

Carolyn Hessler-Radelet’s $455K as President & CEO is at the 50th percentile of top reported officer pay among 88 $100M+ international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Weiss See Schedule O—$595,506$480,849———
David Weiss———$433,907$459,294$420,937
Carrie Hessler-Radelet—$455,274$441,989$122,969——
Carolyn Hessler-Radelet$455,244—————
Brian Kemple—$363,663$281,087$243,241——
Brian K Kemple$349,199—————
Travis Gartner—$341,959$320,090$270,275——
Eric M O'Neill$316,408—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Global Communities INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides microcredit and small enterprise loans to low-income individuals in developing countries.

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Provided by the organization

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2 programs · $143.1M · in their own filed words · FY2023
01

Technical Assistance

Global communities provides assistance to individuals and international governmental and private organizations that in turn assist their citizens or members in improving their communities.

$141.1Mprogram expense
02

Capital Assistance

Through its subsidiaries, global communities makes micro credit and small enterprise loans at prevailing market interest rates to low-income individuals in developing countries.

$2.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 23 funders →
Grants paid · 185 grants · $40.4M · 2019–2024
Save the Children Federation INCCT · FY2024$2,690,571
Catholic Relief ServicesMD · FY2024$1,075,063
The Aquaya InstituteCA · FY2024$490,658
Juarez and Associates INCFY2024$311,212
Safe Water NetworkNY · FY2024$260,107
IdeCO · FY2024$257,854
Wateraid America INCNY · FY2024$207,529
Water4OK · FY2024$156,620
Democracy at Work InstituteCA · FY2024$143,338
World Vision INCWA · FY2024$140,704
Acute Incite LLCFY2024$133,044
Sesame WorkshopNY · FY2024$126,616
Overseas Strategic Consulting LtdFY2024$118,063
The Canopy LabFY2024$106,287
Deloitte Consulting LLPFY2024$105,812
See all 185 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$173.2M
Ln 12
Gifts and grantsLn 1h$154.7M
Fees for servicesLn 2g$16.2M
Investment incomeLn 3$1.9M
Money outPt IX
$176.0M
Ln 25
Programscol B$143.1M
Managementcol C$31.6M
Fundraisingcol D$1.3M
Owns and owesPt X
$158.6M
net assets · Ln 32
Cash and savingsLn 1–2$39.2M
Total assetsLn 16$277.5M
LiabilitiesLn 26$118.9M
PeoplePt VI, VII
30
listed · VII A
PaidVII A12
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$154.7M
Government grantsLn 1e$144.1M
Noncash giftsLn 1g$238K
Fees for servicesLn 2g$16.2M
Investment incomeLn 3$1.9M
Other incomeLn 4–11$396K
Gains on assetsLn 7−$292K
Total revenueLn 12$173.2M
Assets in detailPt X, end of year
CashLn 1$1K
SavingsLn 2$39.2M
Cash and savings togetherLn 1–2$39.2M
InvestmentsLn 11–13$68.2M
Land, buildings, equipmentLn 10c$6.8M
Other assetsLn 15$14.4M
Total assetsLn 16$277.5M
LiabilitiesLn 26$118.9M
Net assetsLn 32$158.6M
OperationsPt I, VI
EmployeesI 5221
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$70.7M$39.2M
InvestmentsLn 11–13$70.1M$68.2M
Land, buildings, equipmentLn 10c$9.0M$6.8M
Total assetsLn 16$313.0M$277.5M
LiabilitiesLn 26$151.7M$118.9M
Net assetsLn 32$161.2M$158.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$11.8M$11.8M
Grants and assistance to foreign recipientsLn 3$40.1M$40.1M
Pay of current officers, directors and key staffLn 5$2.1M$2.1M
Other salaries and wagesLn 7$47.5M$32.7M$14.3M$518K
Pension plan contributionsLn 8$2.0M$1.6M$404K$20K
Other employee benefitsLn 9$15.3M$10.9M$4.3M$137K
Payroll taxesLn 10$1.6M$1.2M$468K$15K
Legal feesLn 11b$1.5M$1.4M$176K
Accounting feesLn 11c$707K$353K$354K
Lobbying feesLn 11d$17K$17K
Investment management feesLn 11f$285K$285K
Other fees for servicesLn 11g$3.9M$3.1M$654K$194K
Advertising and promotionLn 12$156K$124K$31K
Office expensesLn 13$2.5M$2.3M$186K$28K
OccupancyLn 16$2.9M$2.1M$739K$17K
TravelLn 17$3.0M$2.4M$495K$162K
Conferences, conventions and meetingsLn 19$352K$323K$29K
Depreciation, depletion and amortizationLn 22$204K$204K
InsuranceLn 23$924K$471K$453K$232
Other expenses (24a–d)Ln 24$31.9M$29.0M$2.6M$180K
All other expensesLn 24e$7.2M$3.3M$3.8M$59K
Total functional expensesLn 25$176.0M$143.1M$31.6M$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $112.1M$123.8M−$11.7M$134.7M 990 PDF
FY2024 Viewing $173.2M$176.0M−$2.8M$158.6M 990 PDF
FY2023 $181.5M$188.7M−$7.2M$161.2M 990 PDF
FY2022 $190.8M$175.7M$15.1M$163.6M 990 PDF
FY2021 $140.7M$129.4M$11.4M$154.2M 990 PDF
FY2020 $110.6M$111.2M−$628K$135.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $173,166,664 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $172,837,734$154,660,941
I-9 Program service revenuePrior year $6,909,407$16,193,892
I-10 Investment incomePrior year $1,121,618$1,915,875
I-11 Other revenuePrior year $664,762$395,956
I-12 Total revenuePrior year $181,533,521$173,166,664
I-13 Grants and similar amounts paidPrior year $54,758,811$51,852,256
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $68,323,384$68,537,040
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $65,634,308$55,601,265
I-18 Total expensesPrior year $188,716,503$175,990,561
I-19 Revenue less expensesPrior year −$7,182,982−$2,823,897
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $173,166,664 across 11 lines filed
VIII-1d Related organizations$856,214
VIII-1e Government grants$144,113,183
VIII-1f All other contributions, gifts and grants$9,691,544
VIII-1g Noncash contributions (included above)$237,926
VIII-1h Total contributions, gifts and grants$154,660,941
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $16,193,892$16,193,892
VIII-3 Investment incomeExcluded from tax $2,207,894$2,207,894
VIII-6 Net rental income or lossExcluded from tax $54,845$54,845
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$292,019−$292,019
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $341,111$341,111
VIII-12 Total revenueRelated to mission $16,193,892 · Unrelated business $0 · Excluded from tax $2,311,831$173,166,664
Part IX · Statement of functional expenses $175,990,561 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $11,768,486$11,768,486
IX-3 Grants and assistance to foreign recipientsPrograms $40,083,770$40,083,770
IX-5 Pay of current officers, directors and key staffManagement $2,053,789$2,053,789
IX-7 Other salaries and wagesPrograms $32,721,593 · Management $14,282,172 · Fundraising $517,660$47,521,425
IX-8 Pension plan contributionsPrograms $1,570,969 · Management $404,062 · Fundraising $19,792$1,994,823
IX-9 Other employee benefitsPrograms $10,879,362 · Management $4,310,524 · Fundraising $137,064$15,326,950
IX-10 Payroll taxesPrograms $1,157,904 · Management $467,561 · Fundraising $14,588$1,640,053
IX-11b Legal feesPrograms $1,373,569 · Management $175,724$1,549,293
IX-11c Accounting feesPrograms $352,955 · Management $354,320$707,275
IX-11d Lobbying feesManagement $17,425$17,425
IX-11f Investment management feesManagement $284,723$284,723
IX-11g Other fees for servicesPrograms $3,076,822 · Management $653,543 · Fundraising $194,369$3,924,734
IX-12 Advertising and promotionPrograms $124,254 · Management $31,306$155,560
IX-13 Office expensesPrograms $2,300,934 · Management $185,938 · Fundraising $27,516$2,514,388
IX-16 OccupancyPrograms $2,145,012 · Management $738,743 · Fundraising $16,763$2,900,518
IX-17 TravelPrograms $2,379,047 · Management $494,657 · Fundraising $162,479$3,036,183
IX-19 Conferences, conventions and meetingsPrograms $323,342 · Management $28,607$351,949
IX-22 Depreciation, depletion and amortizationManagement $204,079$204,079
IX-23 InsurancePrograms $471,287 · Management $452,605 · Fundraising $232$924,124
IX-24 Other expenses (24a–d)Programs $29,024,636 · Management $2,648,681 · Fundraising $179,558$31,852,875
IX-24e All other expensesPrograms $3,340,388 · Management $3,778,511 · Fundraising $59,240$7,178,139
IX-25 Total functional expensesPrograms $143,094,330 · Management $31,566,970 · Fundraising $1,329,261$175,990,561
Part X · Balance sheet $277,460,769 assets, 20 lines filed
Asset lines not itemized here account for $108,320,843; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $17,544$1,299
X-2 Savings and temporary cash investmentsStart of year $70,701,053$39,227,675
X-3 Pledges and grants receivableStart of year $27,941,699$28,472,028
X-4 Accounts receivableStart of year $6,740,440$7,426,213
X-9 Prepaid expenses and deferred chargesStart of year $2,734,546$2,731,705
X-10c Land, buildings and equipment, netStart of year $8,961,595$6,756,471
X-11 Publicly traded securitiesStart of year $44,801,294$51,879,308
X-12 Other securitiesStart of year $150,766$165,679
X-13 Program-related investmentsStart of year $25,177,695$16,186,414
X-14 Intangible assetsStart of year $2,047,051$1,843,916
X-15 Other assetsStart of year $12,075,593$14,449,218
X-16 Total assetsStart of year $312,952,435$277,460,769
X-17 Accounts payable and accrued expensesStart of year $23,393,466$22,216,733
X-19 Deferred revenue$214,172
X-25 Other liabilitiesStart of year $12,717,519$6,057,836
X-26 Total liabilitiesStart of year $151,732,352$118,896,016
X-27 Net assets without donor restrictionsStart of year $126,543,315$123,662,054
X-28 Net assets with donor restrictionsStart of year $34,676,768$34,902,699
X-32 Total net assets or fund balancesStart of year $161,220,083$158,564,753
X-33 Total liabilities and net assetsStart of year $312,952,435$277,460,769
Part XI · Reconciliation of net assets $158,564,753 net assets at year end
XI-1 Total revenue$173,166,664
XI-2 Total expenses$175,990,561
XI-3 Revenue less expenses−$2,823,897
XI-4 Net assets at start of year$161,220,083
XI-5 Net unrealized gains (losses) on investments−$1,174,904
XI-9 Other changes in net assets$1,343,471
XI-10 Net assets at end of year$158,564,753

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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