Phaware Global Association

Analysis

Phaware Global Association is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover medical research, 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, Phaware Global Association reported income of $257k and spending of $269k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $643k to $257k (-60%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phaware Global Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Special Childrens Fund ($257k), Indiana Healthcare Properties ($257k) and Stairways Supported Housing Corporation ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $847k against liabilities of $0, net assets of $847k.