Glioblastoma Research Organization Inc

Analysis

Glioblastoma Research Organization Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Glioblastoma Research Organization Inc reported income of $832k and spending of $480k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $281k to $832k (+196%), an average of +196% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Glioblastoma Research Organization Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Lees Summit Educational Foundation Inc ($832k), Robert Trent Jones Golf Trail Foundation ($832k) and American Friends of Mosdot Zera Yitzchak Inc ($831k).

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 $107k (22% of expenses). Other salaries and wages came to $22k. At year end it held assets of $493k against liabilities of $6,738, net assets of $486k. It reported 4 employees.