Wicell Research Institute Inc

Analysis

Wicell Research Institute Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 2019, 7 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 June 2024, Wicell Research Institute Inc reported income of $8.4m and spending of $8.1m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.5m to $8.4m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wicell Research Institute Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include African Leaders Malaria Alliance Inc ($8.4m), The Little Sisters of the Poor of Indianapolis Inc ($8.4m) and Mohawk Valley Health System Foundation ($8.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $627k (7.7% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $6.7m against liabilities of $1.4m, net assets of $5.3m. It reported 50 employees.