Cray Medical Research Foundation

Analysis

Cray Medical Research Foundation is a registered charity in United States, based in Atchison, KS. It received its IRS tax-exemption ruling in June 1983, 43 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 December 2023, Cray Medical Research Foundation reported income of $3.2m and spending of $989k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $3.2m (+1800%), an average of +109% a year. The sharpest change came in the year to December 2020, when income rose by 331%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cray Medical Research Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within KS. Charities of a similar size with the same main cause include Restart Inc ($3.2m), Mha Health Foundation ($3.2m) and Sunland Home Foundation ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $40k. At year end it held assets of $8.8m against liabilities of $5,665, net assets of $8.8m. It reported 12 employees.