Global Medical Knowledge Alliance Inc
Analysis
Global Medical Knowledge Alliance Inc is a registered charity in United States, based in Wellesley HLS, MA. It received its IRS tax-exemption ruling in November 2021, 5 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 December 2023, Global Medical Knowledge Alliance Inc reported income of $150k and spending of $248k, spending 165% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $490k to $150k (-69%), an average of -69% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 67% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Medical Knowledge Alliance Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Sound Contribution ($150k), 470 Pleasant Street Holdings Company Inc ($150k) and North Shore Alano Club ($150k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sound Contribution | Tacoma | $150k |
| 470 Pleasant Street Holdings Company Inc | Boston | $150k |
| North Shore Alano Club | San Diego | $150k |
| Reveal to Heal Consulting | Newark | $150k |