Venture Strategies for Health and Development

Analysis

Venture Strategies for Health and Development is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in June 2002, 24 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, Venture Strategies for Health and Development reported income of $2.5m and spending of $2.7m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.5m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 279%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Venture Strategies for Health and Development sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Hearts with Hope Foundation ($2.5m), Willacy County E M S Inc ($2.5m) and Foundation for Womans ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $244k (9.0% of expenses). At year end it held assets of $1.0m against liabilities of $50k, net assets of $959k. It reported 3 employees.