Research & Education Trust

Analysis

Research & Education Trust is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Research & Education Trust reported income of $186k and spending of $217k, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $211k to $186k (-12%), an average of -3.2% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Research & Education Trust sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ME. Charities of a similar size with the same main cause include Core Foundation Inc ($186k), Academy of Aid-In-Dying Medicine ($186k) and The Sparrows Nest ($186k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $166k. At year end it held assets of $5,813 against liabilities of $0, net assets of $5,813. It reported 3 employees.