Research Advocacy Network Inc

Analysis

Research Advocacy Network Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in December 2003, 23 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 (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, Research Advocacy Network Inc reported income of $352k and spending of $344k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $351k to $352k (+0.2%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Research Advocacy Network Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include NTM Info & Research Inc ($352k), Confluence Public Health Alliance ($352k) and Beer Yitzhak Foundation Inc ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $132k (38% of expenses). At year end it held assets of $242k against liabilities of $733, net assets of $241k.