Global Health Corps Inc

Analysis

Global Health Corps Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2010, 16 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 July 2023, Global Health Corps Inc reported income of $1.5m and spending of $5.2m, spending 348% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $5.3m to $1.5m (-71%), an average of -27% a year. The sharpest change came in the year to July 2022, when income rose by 264%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Health Corps Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Concho Valley Regional Advisory Council Tsa-K ($1.5m), Foot Center of New York ($1.5m) and Ronald McDonald House Charities of Northwest Ohio Inc ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $691k (13% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $6.1m against liabilities of $461k, net assets of $5.7m. It reported 27 employees.