Guildnet Inc

Analysis

Guildnet Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Guildnet Inc reported income of $146k and spending of $6.2m, spending 4245% of what it took in. The sharpest change came in the year to December 2021, when income rose by 9896%. Over the whole period it spent -50278% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Guildnet 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 45th percentile within NY. Charities of a similar size with the same main cause include Cancer Services of New Mexico ($146k), Flock Cancer Idaho Incorporated ($146k) and Coastal Volunteers in Medicine ($146k).

At year end it held assets of $7.9m against liabilities of $120.2m, net assets of -$112.2m.