H2 Global Inc

Analysis

H2 Global Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, H2 Global Inc reported income of $75k and spending of $79k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $75k (-12%), an average of -12% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, H2 Global Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Georgia Tech Global Inc ($75k), Santa Clara Rotary Foundation ($75k) and Instauratio Magna Foundation ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.