Global Lyme Alliance Inc

Analysis

Global Lyme Alliance Inc is a registered charity in United States, based in Old Greenwich, CT. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Lyme Alliance Inc reported income of $3.2m and spending of $3.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $3.2m (-34%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Lyme Alliance Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Episcopal Hospital ($3.2m), Lancaster Cleft Palate Clinic ($3.2m) and Oneida Medical Services PLLC ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $491k (16% of expenses). Other salaries and wages came to $564k. At year end it held assets of $4.0m against liabilities of $778k, net assets of $3.2m. It reported 10 employees.