Zandu Health Initiative

Analysis

Zandu Health Initiative is a registered charity in United States, based in Shakopee, MN. 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 June 2023, Zandu Health Initiative reported income of $206k and spending of $186k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $145k to $206k (+42%), an average of +42% a year. The sharpest change came in the year to June 2023, when income rose by 42%. 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, Zandu Health Initiative sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Mary Cameron Robinson Foundation ($206k), The Firefighters Burned Children Fund Inc ($206k) and Volta Medical Group ($206k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (44% of expenses). At year end it held assets of $29k against liabilities of $0, net assets of $29k. It reported 2 employees.