Global Healthcare Foundation Inc

Analysis

Global Healthcare Foundation Inc is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in April 2019, 7 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 Healthcare Foundation Inc reported income of $71k and spending of $71k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $548k to $71k (-87%), an average of -64% a year. The sharpest change came in the year to December 2022, when income dropped by 77%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Healthcare Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Faith Kids Inc ($71k), One Cross Community Inc ($71k) and Pregnancy Care Center of Springfield Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,635 against liabilities of $0, net assets of $3,635.