Hepatitis B Initiative Ofwashington DC

Analysis

Hepatitis B Initiative Ofwashington DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2007, 19 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, Hepatitis B Initiative Ofwashington DC reported income of $1.1m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $1.1m (+134%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hepatitis B Initiative Ofwashington DC sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 57th percentile within DC. Charities of a similar size with the same main cause include Oregon Spinal Cord Injury Connection ($1.1m), Granby Ambulance Association Incorporated ($1.1m) and Vitas Community Connection ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (7.8% of expenses). Other salaries and wages came to $490k. At year end it held assets of $633k against liabilities of $45k, net assets of $588k. It reported 20 employees.