Global Coalition for Adaptive Research Inc

Analysis

Global Coalition for Adaptive Research Inc is a registered charity in United States, based in Larkspur, CA. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, Global Coalition for Adaptive Research Inc reported income of $28.8m and spending of $29.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.9m to $28.8m (+142%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 144%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Coalition for Adaptive Research Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Buchanan General Hospital Inc ($28.8m), Corry Memorial Hospital Association ($28.8m) and University Physician Associates of New Jersey Inc ($28.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $2.8m (9.4% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $59.6m against liabilities of $19.6m, net assets of $40.0m. It reported 36 employees.