Center for Human Genetics Inc

Analysis

Center for Human Genetics Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Center for Human Genetics Inc reported income of $3.7m and spending of $3.2m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.7m (+144%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 81%. Over the whole period it spent 117% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Human Genetics Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Spring Point Project ($3.7m), The Research Foundation ($3.7m) and Sarc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $535k (17% of expenses). At year end it held assets of $10.8m against liabilities of $644k, net assets of $10.1m. It reported 29 employees.