Biome Global Foundation

Analysis

Biome Global Foundation is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Biome Global Foundation reported income of $24.3m and spending of $12.7m, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $47.7m to $24.3m (-49%), an average of -29% a year. The sharpest change came in the year to December 2023, when income rose by 730%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Biome Global Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Region II Commission on Services to the Aging ($24.3m), Block Institute Inc ($24.3m) and Florida United Methodist Childrens Home Inc ($24.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $45.6m against liabilities of $99k, net assets of $45.5m.