Pennsylvania Society for Biomedical Research

Analysis

Pennsylvania Society for Biomedical Research is a registered charity in United States, based in Camp Hill, PA. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Pennsylvania Society for Biomedical Research reported income of $676k and spending of $709k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $676k (+221%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 116% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Pennsylvania Society for Biomedical Research sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Friends of the Burlington County Animal Shelter Inc ($676k), Cassies Place Inc ($676k) and Los Angeles Pet Rescue ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 39% of the total. Other salaries and wages came to $256k. It paid $24k in professional fundraising fees. At year end it held assets of $361k against liabilities of $187k, net assets of $174k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.