Kimera Society Inc

Analysis

Kimera Society Inc is a registered charity in United States, based in Miramar, FL. It received its IRS tax-exemption ruling in June 2016, 10 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 April 2023, Kimera Society Inc reported income of $3.2m and spending of $2.9m, spending 90% of its income. Across the 6 years on record, from April 2018 to April 2023, income grew from $283k to $3.2m (+1033%), an average of +62% a year. The sharpest change came in the year to April 2023, when income rose by 631%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kimera Society Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Hazelden New York ($3.2m), California Liver Research Institute ($3.2m) and Columbia Health Services ($3.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $208k. At year end it held assets of $156k against liabilities of $156k, net assets of -$344. It reported 6 employees.