Global Spine Outreach Inc

Analysis

Global Spine Outreach Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Spine Outreach Inc reported income of $777k and spending of $931k, spending 120% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income fell from $1.0m to $777k (-23%), an average of -5.1% a year. The sharpest change came in the year to December 2021, when income rose by 1304%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Global Spine Outreach Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Foundation Merieux USA ($776k), One 17 International Inc ($777k) and Answer International Foundation ($773k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $107k (11% of expenses). At year end it held assets of $679k against liabilities of $9,832, net assets of $670k. It reported 1 employees.