Global Vaccines Inc

Analysis

Global Vaccines Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Global Vaccines Inc reported income of $50k and spending of $6,532, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $50k (+11%), an average of +11% a year. Over the whole period it spent 33% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Vaccines Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Psychoanalytic Quarterly Inc ($50k), Foundation to Cure Paralysis Inc ($50k) and Engaged Health Foundation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $133k against liabilities of $76k, net assets of $57k.