World Telehealth Initiative
Analysis
World Telehealth Initiative is a registered charity in United States, based in Goleta, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover health care, 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, World Telehealth Initiative reported income of $961k and spending of $1.3m, spending 134% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $946k to $961k (+1.6%), an average of +0.5% a year. Over the whole period it spent 82% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, World Telehealth Initiative sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Alleghany County Group Homes Inc ($961k), South Asia Advocates ($961k) and Valley Girls and Guys ($960k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $167k (13% of expenses). Other salaries and wages came to $600k. At year end it held assets of $694k against liabilities of $0, net assets of $694k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alleghany County Group Homes Inc | Sparta | $961k |
| South Asia Advocates | Kirkland | $961k |
| Valley Girls and Guys | Ravensdale | $960k |
| Indiana Healthcare Foundation | Indiana | $962k |