Global Surgical Initiatives Inc

Analysis

Global Surgical Initiatives Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2019, 7 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 Surgical Initiatives Inc reported income of $3.0m and spending of $2.2m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $3.0m (+255%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 405%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Surgical Initiatives Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Baptist Besthealth Inc ($3.0m), Next Step Foundation Inc ($3.0m) and Wells County Ems Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.5m against liabilities of $35k, net assets of $2.5m.