Military Health Research Foundation Inc

Analysis

Military Health Research Foundation Inc is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Military Health Research Foundation Inc reported income of $7.1m and spending of $7.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $7.1m (+125%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Military Health Research Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MD. Charities of a similar size with the same main cause include Moco Kidsco ($7.1m), Stockholm Environment Institute Usinc ($7.1m) and Air Zoo Legacy Foundation ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $206k (2.9% of expenses). Other salaries and wages came to $479k. At year end it held assets of $2.0m against liabilities of $1.6m, net assets of $420k. It reported 7 employees.