Elife Sciences Publications Ltd

Analysis

Elife Sciences Publications Ltd is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in January 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elife Sciences Publications Ltd reported income of $8.8m and spending of $8.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.7m to $8.8m (+15%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Elife Sciences Publications Ltd sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile. Charities of a similar size with the same main cause include Wings Over the Rockies Air & Space Museum ($8.8m), Stephenson Stellar Corporation ($8.8m) and Railroading Heritage of Midwest America Inc ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $362k (4.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $6.5m against liabilities of $5.4m, net assets of $1.2m. It reported 1 employees.