Dhit Global

Analysis

Dhit Global is a registered charity in United States, based in Carrboro, NC. It received its IRS tax-exemption ruling in December 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 (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, Dhit Global reported income of $170k and spending of $202k, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.8m to $170k (-91%), an average of -55% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dhit Global sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Virginia Dermatology Society ($170k), Beebe Medical Center Auxiliary Inc ($170k) and Wong-Baker Faces Foundation Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.