GlobalMedic
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
B+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
Fair
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
99%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 99 cents are available for programs.
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OVERVIEW
About GlobalMedic:
GlobalMedic is a 3-star charity that is financially transparent. It has an above-average results reporting grade of B+ and overhead spending of 1%, which is outside of Ci’s reasonable range. Ci has found GlobalMedic to have Fair demonstrated impact per dollar donated, meaning the charity has below-average impact.
Founded in 2002, The David McAntony Gibson Foundation (commonly known as GlobalMedic) is a disaster relief charity that aims to provide critical aid and support people in need, both locally and globally. Since its creation, the charity has helped 5.2 million people and has responded to 253 crises in 83 different countries. GlobalMedic runs six programs: Water, Food, Medical, Shelter, Flood, and RescUAV. The charity runs programs both in Canada and abroad.
GlobalMedic’s Water program provides clean drinking water through community and household water purification units. The charity also distributes hygiene items to promote personal hygiene and prevent disease transmission. In F2023, GlobalMedic distributed 668,900 hygiene items and 50,922 family emergency kits (which give people access to potable water). The charity also distributed 722,400 water purification sachets in response to a Cholera outbreak in Haiti and Lebanon.
The Food program delivers nutritional and culturally appropriate food to people in conflict and disaster zones, as well as vulnerable populations in Canada. In F2023, the charity distributed 243,110 emergency food kits internationally and delivered 1,275,265 pounds of food in Canada.
The Medical program collects and donates medical supplies and equipment to hospitals and clinics all over the world. It also deploys field hospitals and provides training for medics to be on landmine clearance and emergency response teams. In F2023, the charity delivered 2,098,500 medical supplies responding to Cholera. It also delivered 18,040 N95 masks and 3,190,250 surgical gloves to help in the Pakistan flooding.
The Shelter program provides tents for critical infrastructure like hospitals, clinics, feeding centers, temporary family housing, and schools. It also provides building supplies to rebuild existing structures.
The Flood program supports flood mitigation and recovery in communities affected by flooding by using sandbagging machinery, giving out clean-up kits, and providing other services like mold remediation. In F2023, the charity gave out 714 clean-up kits after Hurricane Fiona.
The RescUAV program deploys Unmanned Aerial Vehicles into disaster situations to assess damage and support search and rescue teams by producing detailed emergency maps and collecting real-time images.
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Results and Impact
GlobalMedic reports on the provision of basic human needs such as food, water, and shelter. For example, in F2023 the charity distributed 50,922 emergency family water kits and 243,110 emergency food kits to people in need. The charity purchased materials and rebuilt 21 homes that were destroyed by Tropical Storm Megi in the Philippines.
While Ci highlights these key results, they may not be a complete representation of GlobalMedic's results and impact.
Impact Rating: Fair
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Finances
GlobalMedic had donations of $10.1m in F2023. The charity received $1.4m in donated supplies.
The charity received $104k in government funding representing 1% of total revenues.
Administrative costs are 0.7% of revenues (less investment income) and fundraising costs are 0.4% of donations. This results in total overhead spending of 1%. This is outside of Ci’s reasonable range for overhead spending, which ranges from 5% to 35%.
GlobalMedic has $11.3m in reserve funds. These reserve funds are the charity’s cash and investments. The charity has 1 year and 2 months of annual program costs covered by its current reserves.
This charity report is an update that has been sent to GlobalMedic for review. Changes and edits may be forthcoming.
Updated on July 15, 2024, by Lily Ferguson.
Financial Review
Fiscal year ending May
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 0.7% | 1.0% | 1.7% |
Fundraising costs as % of donations | 0.4% | 0.0% | 0.1% |
Total overhead spending | 1.1% | 1.0% | 1.7% |
Program cost coverage (%) | 117.3% | 195.6% | 176.7% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 10,132 | 10,113 | 6,858 |
Goods in kind | 1,397 | 4,291 | 747 |
Government funding | 104 | 227 | 154 |
Investment income | 420 | 114 | (167) |
Other income | 18 | 20 | 13 |
Total revenues | 12,072 | 14,765 | 7,605 |
Program costs - International | 8,021 | 3,734 | 2,617 |
Program costs - Canada | 1,586 | 1,328 | 1,657 |
Donated goods exp | 1,397 | 4,291 | 747 |
Administrative costs | 82 | 144 | 132 |
Fundraising costs | 37 | 3 | 4 |
Total spending | 11,123 | 9,500 | 5,156 |
Cash flow from operations | 949 | 5,265 | 2,449 |
Capital spending | 118 | 2,754 | 143 |
Funding reserves | 11,271 | 9,901 | 7,553 |
Note: Ci removed donated goods included in donations and moved them to goods in kind. Ci also removed donated goods used in programs included in program expenses and moved them to donated goods exp. Ci adjusted for deferred donations, affecting total revenue by ($500k) in F2023, $3.1m in F2022, and $724k in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
10 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
GlobalMedic would like to address Charity Intelligence's assessment of our overhead costs. CI has noted that after overhead costs of fundraising, administration, and management, 99% of money raised is available for programs. CI further notes that this falls outside of their acceptable range.
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-416-916-0522