Global Clinical Supplies Group Inc

Analysis

Global Clinical Supplies Group Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Clinical Supplies Group Inc reported income of $2.1m and spending of $1.6m, leaving 25% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $2.1m (+73%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 389%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Clinical Supplies Group Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Rock the Street Wall Street ($2.1m), Kings Academy Christian School Inc ($2.1m) and Montessori Family School of Mercer County ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $65k (4.1% of expenses). At year end it held assets of $2.9m against liabilities of $105k, net assets of $2.8m.