Goldlab Foundation

Analysis

Goldlab Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 2013, 13 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, Goldlab Foundation reported income of $100k and spending of $146k, spending 146% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $120k to $100k (-16%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Goldlab Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within CO. Charities of a similar size with the same main cause include Highlands Stable Isotopes Corporation ($100k), Scriven Foundation ($100k) and Cedar Lake - East Inc ($100k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.