Global Genomics and Bioinformatics Research Institute

Analysis

Global Genomics and Bioinformatics Research Institute is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in July 2019, 7 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 (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 Genomics and Bioinformatics Research Institute reported income of $323k and spending of $57k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $323k (-89%), an average of -42% a year. The sharpest change came in the year to December 2021, when income rose by 858%. Over the whole period it spent 196% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Genomics and Bioinformatics Research Institute sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Mid-Valley Fellowship ($323k), 4522 Club ($323k) and Darjune Foundation Inc ($323k).

At year end it held assets of $67k against liabilities of $0, net assets of $67k.