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The Global Development Incubator
The Global Development Incubator reported $21.5 million in revenue and $21.6 million in expenses for calendar year 2024. Of every $100 it spent, $88.74 went to program services, $11.26 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 78.5% of the total. Government grants made up 15.5%. The highest compensation it reported for one person was $279,445 (DIRECTOR). 14 people received more than $100,000 in reportable compensation. Revenue rose 54% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $22MFor context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $22MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.7% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.3% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 78.5% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 15.5% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 17.9% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $279,445 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.30% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 14 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.1 | 7.5 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseAgricultural: (e.g. Aceli africa, csaf, isf advisors)gdi's agriculture portfolio brings together diverse players from across agriculture, finance, and climate, who otherwise may have never collaborated despite their shared goals. Aceli africa is the first of its kind market incentive facility aligning capital supply and demand to mobilize private sector lending to agricultural small and medium enterprises (smes) in africa. Csaf is the leading global network of lending practitioners promoting an inclusive finance market for agricultural smes. Isf advisors publishes industry leading research…
Health: (e.g. Leapfrog to value, disability impact fund, health enabled)gdi's health portfolio focuses on moving from volume to value and cuts across issues ranging from mental health to community livelihoods, digital health systems, and everything in between. Working at the intersection of public health and technology, health.enabled has been co-creating equitable solutions that drive whole-person health for over a decade, including launching the global digital health monitor (gdhm) a data platform that helps countries to benchmark, prioritize, and monitor digital health progress at the…
Early childhood development: (e.g. Nurture first)gdi's early childhood development portfolio works to increase evidence-based ecd programs at scale, catalyze new funding through financing mechanisms, and work in collaboration with leaders from adjacent movements including gender equality and livelihoods attainment so that all young children have the foundational nurturing care they need. Nurture first is a global funder and capacity builder bringing together thinkers, doers, and activists to improve the systems that support home-based childcare (hbcc) providers globally so they can provide…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Highest compensated employee, 40.00 hrs/week | $233,645 | $0 | $45,800 | $279,445 |
| CEO Officer, 30.00 hrs/week | $218,063 | $0 | $37,814 | $255,877 |
| SECRETARY Officer, 40.00 hrs/week | $225,382 | $0 | $25,926 | $251,308 |
| DIRECTOR Highest compensated employee, 40.00 hrs/week | $201,389 | $0 | $35,377 | $236,766 |
| CFO/TREASURER Officer, 18.00 hrs/week | $203,936 | $0 | $14,664 | $218,600 |
| ASSOCIATE DIRECTOR Highest compensated employee, 30.00 hrs/week | $162,305 | $0 | $26,472 | $188,777 |
| ASSOCIATE DIRECTOR Highest compensated employee, 40.00 hrs/week | $144,909 | $0 | $33,105 | $178,014 |
| ASSOCIATE DIRECTOR Highest compensated employee, 40.00 hrs/week | $158,185 | $0 | $16,504 | $174,689 |
14 people received more than $100,000 in reportable compensation from The Global Development Incubator (Part VII, line 2). Compensation of current officers, directors and key employees totaled $726K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 528
- Volunteers Part I, line 67
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| GDI SOUTH ASIA PRIVATE LIMITED Consultancy, program services | $229,633 |
| PATRICIA MECHAEL Consultancy, program services | $218,400 |
| THE JOHNS HOPKINS UNIVERSITY Consultancy, program services | $174,718 |
| PALL KVARAN Consultancy, program services | $119,659 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to The Global Development Incubator totaling $1.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Global Development Incubator's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Global Development Incubator, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Global Development Incubator spent in 2024, $88.74 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- American Society of the University of HaifaNew York, NY · revenue $21M · programs 86.0% · FY2025
- Village Enterprise FundSan Carlos, CA · revenue $22M · programs 81.4% · FY2025
- Hope International Development AgencyChicago, IL · revenue $21M · programs 99.9% · 2024
- Washington Institute for Near East PolicyWashington, DC · revenue $22M · programs 79.1% · 2024
- Bancroft Global DevelopmentWashington, DC · revenue $21M · programs 92.3% · 2024
All international, foreign affairs & national security charities · Largest charities in District of Columbia
Questions people ask
How much of The Global Development Incubator's spending goes to programs?
In calendar year 2024, The Global Development Incubator reported that 88.7% of its $21.6 million in expenses went to program services, 11.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Global Development Incubator pay its top executive?
The largest total compensation The Global Development Incubator reported for one person in calendar year 2024 was $279,445, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Global Development Incubator get its money?
Of $21.5 million in revenue in calendar year 2024, 78.5% came from contributions and grants (including 15.5% from government grants) and 17.9% from program service revenue (Form 990, Part VIII).
Is The Global Development Incubator a registered charity?
The IRS lists EIN 14-1945286 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202502879349301720 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443039349302484 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303109349301390 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213129349303216 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133129349300423 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033179349309443 · read the filing
All filings for EIN 14-1945286: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.