Canopy Global Foundation Inc

Analysis

Canopy Global Foundation Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in April 2021, 5 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, Canopy Global Foundation Inc reported income of $130k and spending of $228k, spending 175% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $285k to $130k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Canopy Global Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Asians and Pacific Islanders with Disabilities of California ($130k), Breastoration Inc ($130k) and Avery Huffman Dipg Foundation ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $174k (76% of expenses). At year end it held assets of $480k against liabilities of $0, net assets of $480k. It reported 1 employees.