Health Effects Institute

Analysis

Health Effects Institute is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover medical research, 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 June 2023, Health Effects Institute reported income of $15.0m and spending of $15.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.5m to $15.0m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Effects Institute sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Tellurian Inc ($15.0m), Westcare Gulfcoast-Florida Inc ($15.0m) and Carey Counseling Center Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $1.7m (11% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $16.8m against liabilities of $6.2m, net assets of $10.6m. It reported 35 employees.