Synthase Inc

Analysis

Synthase Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Synthase Inc reported income of $60k and spending of $129k, spending 216% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $10k to $60k (+500%), an average of +500% a year. The sharpest change came in the year to December 2023, when income rose by 500%. Over the whole period it spent 185% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Synthase Inc sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Hipeexnu Kii U Nuun Wisiix ($60k), Foundation for Alternative Cancer Therapies Ltd ($60k) and New Smiles for Veterans ($60k).

At year end it held assets of $22k against liabilities of $82k, net assets of -$60k.