Global Nerve Foundation

Analysis

Global Nerve Foundation is a registered charity in United States, based in Kennesaw, GA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Global Nerve Foundation reported income of $425k and spending of $303k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $361k to $425k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Global Nerve Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Alternacare ($424k), International Plant & Herbal Alliance ($425k) and Blount Memorial Foundation Inc ($424k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $140k (46% of expenses). Other salaries and wages came to $14k. At year end it held assets of $277k against liabilities of $6,285, net assets of $271k. It reported 2 employees.