Biomedical Research Institute of Southern California

Analysis

Biomedical Research Institute of Southern California is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in March 2012, 14 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, Biomedical Research Institute of Southern California reported income of $208k and spending of $189k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $924k to $208k (-77%), an average of -39% a year. The sharpest change came in the year to December 2023, when income rose by 188%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Biomedical Research Institute of Southern California sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Star Community Support Services ($208k), Angels in Disguise Inc ($208k) and Brain Health Now Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $7,272 (3.8% of expenses). Other salaries and wages came to $87k. At year end it held assets of $60k against liabilities of $55k, net assets of $4,854. It reported 3 employees.