Global Healthcare Systems Inc

Analysis

Global Healthcare Systems Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in September 2003, 23 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 (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 Healthcare Systems Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $2.5m (+876%), an average of +77% a year. The sharpest change came in the year to December 2020, when income rose by 388%. Over the whole period it spent 84% 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 Systems Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Space Coast Health Foundation Inc ($2.5m), Riley Cheer Guild Inc ($2.5m) and Dragonfly Foundation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $284k, net assets of $1.4m. It reported 41 employees.