Lieber Institute Inc

Analysis

Lieber Institute Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover medical research, 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 June 2023, Lieber Institute Inc reported income of $28.9m and spending of $31.4m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $21.8m to $28.9m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2021, when income rose by 108%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lieber Institute Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MD. Charities of a similar size with the same main cause include Parents and Children Together ($28.9m), Hektoen Institute for Medical Research ($28.9m) and Cedar Lake Lodge Inc ($28.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $2.4m (7.7% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $36.7m against liabilities of $12.7m, net assets of $24.0m. It reported 152 employees.