Cardiac Surgery Clinical Research Center Inc

Analysis

Cardiac Surgery Clinical Research Center Inc is a registered charity in United States, based in Oakbrook Ter, IL. It received its IRS tax-exemption ruling in June 2020, 6 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, Cardiac Surgery Clinical Research Center Inc reported income of $394k and spending of $435k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $394k (+145%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cardiac Surgery Clinical Research Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Hope Spot ($394k), Medcom Inc ($394k) and The Community Free Clinic Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $238k. At year end it held assets of $428k against liabilities of $23k, net assets of $405k. It reported 2 employees.