Bedford Research Foundation Inc

Analysis

Bedford Research Foundation Inc is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2023, Bedford Research Foundation Inc reported income of $740k and spending of $963k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $887k to $740k (-17%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bedford Research Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Fcancer ($739k), Madison County Rural Health Council Inc ($740k) and Amnion Pregnancy Center ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $230k (24% of expenses). Other salaries and wages came to $262k. At year end it held assets of $3.8m against liabilities of $11k, net assets of $3.8m. It reported 9 employees.