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International Cannabinoid Research Society

RegisteredEIN 32-0373206Winston Salem, NCHealth and saving lives
Income$433k2023-12
Spending$433ksame year
Spent / received99%5-year average
Size in its cause53rd pctHealth and saving lives
Exempt since2012Publicly supported organisat
Employees0latest return

Analysis

International Cannabinoid Research Society is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover medical research, 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 December 2023, International Cannabinoid Research Society reported income of $433k and spending of $433k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $504k to $433k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 241%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, International Cannabinoid Research Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Health Solutions Research Incorporated ($433k), Clubhouse Atlanta Inc ($433k) and Foundation for Healthy Floridians ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $79k (18% of expenses). At year end it held assets of $615k against liabilities of $0, net assets of $615k.

Income and spending

$0$146k$292k$438k$584k2019 Income: $503,8012019 Spending: $584,25020192020 Income: $86,1632020 Spending: $104,28520202021 Income: $293,9692021 Spending: $201,98320212022 Income: $392,7712022 Spending: $365,33120222023 Income: $432,7972023 Spending: $433,0332023
IncomeSpending

Where the income comes from

  • Contributions & grants 32%
  • Program services 66%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
Health Solutions Research IncorporatedRockville$433k
Clubhouse Atlanta IncAtlanta$433k
Foundation for Healthy FloridiansTallahassee$433k
Monticello Progressive Eldercare Services IncMonticello$433k