Whittemore Peterson Institute

Analysis

Whittemore Peterson Institute is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Whittemore Peterson Institute reported income of $327k and spending of $276k, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $563k to $327k (-42%), an average of -10% a year. The sharpest change came in the year to December 2019, when income dropped by 40%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Whittemore Peterson Institute sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within NV. Charities of a similar size with the same main cause include Life Challenge International ($326k), Healing Bridge Clinic Inc ($327k) and Mental Health Institute of New Jersey ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $82k (30% of expenses). Other salaries and wages came to $76k. At year end it held assets of $990k against liabilities of $5,724, net assets of $984k. It reported 3 employees.