Wisconsin Corporation for Biomedical Research

Analysis

Wisconsin Corporation for Biomedical Research is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 2001, 25 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 September 2023, Wisconsin Corporation for Biomedical Research reported income of $437k and spending of $301k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $418k to $437k (+4.7%), an average of +1.1% a year. The sharpest change came in the year to September 2023, when income rose by 24%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wisconsin Corporation for Biomedical Research sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Center for Self-Determination Theory ($437k), Recover Wyoming ($437k) and The@mend House Sobor Living Community for Men ($437k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 92% of the total. Other salaries and wages came to $107k. At year end it held assets of $2.2m against liabilities of $41k, net assets of $2.1m. It reported 8 employees.