Global Medical Alliance Inc

Analysis

Global Medical Alliance Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in July 2014, 12 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 Alliance Inc reported income of $50k and spending of $50k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $50k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 66% 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 Alliance Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 19th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include International Pharmaceuticals Excipients Council of the ($50k), Get Up and Stand Up ($50k) and Carter Foundation for Neurologic Research Inc ($50k).

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 $1 against liabilities of $0, net assets of $1.