Institut Pasteur

Analysis

Institut Pasteur is a registered charity in United States, based in France. It received its IRS tax-exemption ruling in May 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Institut Pasteur reported income of $338.2m and spending of $344.8m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $162.8m to $338.2m (+108%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 125%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institut Pasteur sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include University of Regina ($337.4m), Loma Linda University Shared Services ($341.2m) and Tufts Medical Center Physicians Organization Inc ($335.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 29% of the total. Other salaries and wages came to $201.3m. At year end it held assets of $1.51bn against liabilities of $330.7m, net assets of $1.18bn. It reported 2,449 employees.