Global Strategies

Analysis

Global Strategies is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover medical research, 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 August 2023, Global Strategies reported income of $1.3m and spending of $1.4m, spending 115% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.4m to $1.3m (-12%), an average of -3.2% a year. The sharpest change came in the year to August 2023, when income rose by 98%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Strategies sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Mosaic Health Center Inc ($1.3m), Penn Yan Volunteer Ambulance Corps Inc ($1.3m) and Baton Rouge Regional Eye Bank Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $328k (23% of expenses). Other salaries and wages came to $127k. At year end it held assets of $2.1m against liabilities of $37k, net assets of $2.1m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.