Global Snakebite Initiative USA Foundation Inc

Analysis

Global Snakebite Initiative USA Foundation Inc is a registered charity in United States, based in Belmont, CA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Snakebite Initiative USA Foundation Inc reported income of $602k and spending of $759k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $522k to $602k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Global Snakebite Initiative USA Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Construction Education Center Inc ($602k), Kids Scholarship Fund Inc ($603k) and Providence Center ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $185k (24% of expenses). At year end it held assets of $276k against liabilities of $15k, net assets of $261k. It reported 1 employees.