Dario Salas Institute for Hermetic Science Inc

Analysis

Dario Salas Institute for Hermetic Science Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1985, 41 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, Dario Salas Institute for Hermetic Science Inc reported income of $130k and spending of $143k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $130k (-11%), an average of -11% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dario Salas Institute for Hermetic Science Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Breastoration Inc ($130k), American College of Physicians ($130k) and Canopy Global Foundation Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.8% of the total. At year end it held assets of $352k against liabilities of $272k, net assets of $80k.