Pearl Initiative Inc
Public records raise at least one point you should look into before giving.
What it says it does
Pearl Initiative is an association of persons having a common business interest in trade between the United States and the Arabian Gulf region and within the region. Pearl Initiatives purpose is to promote the common economic interests of all commercial enterprises with the U.S.-Arabian Gulf region trade community by dedicating itself to improving transparency, accountability and business practices with the community. The plan for Pearl Initiative has been developed in cooperationwith the United Nations Office for Partnerships and is recognized as a center of excellence at the American University of Sharjah. Pearl Initiative aims to improve business conditions for U.S. businesses interested or engaged in the region and regional businesses by creating a culture of greater transparency and accountability within the Arabian Gulf region, thereby fostering competitive economic growth and sustainable social development.
- Income
- $765,368
- Spending
- $916,069
- Employees
- 7
- Highest pay
- $118,380, head of busines
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $740,563 spent. The Pearl Initiative (PI) is the Gulf Regions leading independent, private sector-led non-profit organisation working to improve corporate accountability and transparency across a number of themes, including Anti-Corruption Best Practices, Diversity in Business Leadership, Governance in MSMEs, Governance in Family Firms, Governance in Tech and Governance in Philanthropy. PI was established in 2010 by regional business leaders and the UN Office for Partnerships. PI is the first private non-profit organisation in the Gulf Region to receive special consultative status from the United Nations Economic and Social Council. In 2021, PI launched its updated strategy with bold ambitions for expansion over the next few years resulting in PI Vision 2025. PI runs programmes focusing on governance-related matters, conducts regionally-based research, convenes business leaders, government and civil society leaders and students to discuss challenges and opportunities in implementing best practices in the workforce. PI also runs workshops and training to support business professionals as they take the lead in implementing corporate governance, accountability and transparency practices in their organisations.With various regional and international partners, PI brings together business, policy and social sector decision-makers to share best practices and help maximise sustainable and inclusive growth across the Gulf Region. PI also supports Gulf-based university students to identify and embrace strong ethics and integrity as they embark on their future careers.For more information, please visit www.pearlinitiative.org and follow / subscribe to PIs Facebook, Twitter, LinkedIn, and YouTube channels by using the following handle @PearlInitiative.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.