Choroideremia Research Foundation Inc

Analysis

Choroideremia Research Foundation Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 2024, Choroideremia Research Foundation Inc reported income of $699k and spending of $689k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $416k to $699k (+68%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Choroideremia Research Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Fayetteville Community Center Group ($699k), Shriver Hall Concert Series Inc ($699k) and Nicely Theatre Group ($699k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $98k (14% of expenses). Other salaries and wages came to $76k. At year end it held assets of $811k against liabilities of $0, net assets of $811k. It reported 7 employees.