John Paul II Medical Research Institute

Analysis

John Paul II Medical Research Institute is a registered charity in United States, based in Coralville, IA. It received its IRS tax-exemption ruling in January 2008, 18 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, John Paul II Medical Research Institute reported income of $347k and spending of $500k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $347k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 197%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, John Paul II Medical Research Institute sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Churchill Community Hospital Auxiliary ($347k), Georgia Institute on Aging Inc ($347k) and The Ryan Licht Sang Bipolar Foundation Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $94k (19% of expenses). Other salaries and wages came to $90k. At year end it held assets of $328k against liabilities of $140k, net assets of $188k. It reported 7 employees.