Adrienne Helis Malvin Medical Research Foundation

Analysis

Adrienne Helis Malvin Medical Research Foundation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Adrienne Helis Malvin Medical Research Foundation reported income of $5.3m and spending of $1.6m, leaving 69% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $22.2m to $5.3m (-76%), an average of -25% a year. The sharpest change came in the year to December 2022, when income rose by 430%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adrienne Helis Malvin Medical Research Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include WV Perinatal Partnership ($5.3m), Burrell-Preferred Inc ($5.3m) and Conway Hospital Emergency Professional Services ($5.3m).

Other salaries and wages came to $599k. At year end it held assets of $33.3m against liabilities of $49k, net assets of $33.3m. It reported 6 employees.