Symbiotic Inc

Analysis

Symbiotic Inc is a registered charity in United States, based in Suffolk, VA. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Symbiotic Inc reported income of $58k and spending of $61k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $58k (-13%), an average of -13% a year. Over the whole period it spent 97% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Symbiotic Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Treasure Coast Wildlife Foundation ($58k), Spay Campbell County Tennessee Pets ($58k) and Diabetic Cats in Need Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.