North American Hair Research Society

Analysis

North American Hair Research Society is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in February 2002, 24 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, North American Hair Research Society reported income of $401k and spending of $327k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $401k (+256%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 261%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North American Hair Research Society sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Tacoma Pierce County Chaplaincy ($401k), Upper Midwest Bleeding Disorders Al Liance ($401k) and Gist Cancer Research Fund ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. At year end it held assets of $959k against liabilities of $665k, net assets of $294k.