J David Gladstone Institutes

Analysis

J David Gladstone Institutes is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1973, 53 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, J David Gladstone Institutes reported income of $119.2m and spending of $127.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62.8m to $119.2m (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, J David Gladstone Institutes sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Southside Community Hospital Inc ($119.0m), Winslow Indian Health Care Center Inc ($119.2m) and Maine Coast Regional Health Facili Dba Northern Light Maine Coast Hos ($119.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $7.4m (5.8% of expenses). Other salaries and wages came to $43.0m. At year end it held assets of $365.3m against liabilities of $192.9m, net assets of $172.4m. It reported 581 employees.