Windber Research Institute

Analysis

Windber Research Institute is a registered charity in United States, based in Windber, PA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Windber Research Institute reported income of $9.1m and spending of $7.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $9.1m (+98%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Windber Research Institute sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Thetford Academy ($9.1m), Chris-Tex Inc ($9.1m) and Blind Childrens Center Inc ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $1.2m (16% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $11.4m against liabilities of $4.2m, net assets of $7.3m. It reported 49 employees.