Forgotten Diseases Research Foundation

Analysis

Forgotten Diseases Research Foundation is a registered charity in United States, based in Santa Clara, 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, Forgotten Diseases Research Foundation reported income of $72k and spending of $79k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $72k (+233%), an average of +233% a year. The sharpest change came in the year to December 2023, when income rose by 233%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Forgotten Diseases Research Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Special Needs Respite Inc ($72k), National Federation of the Blind of Florida Inc ($72k) and Hygienist Recommended Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.