Health Research Institute

Analysis

Health Research Institute is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Health Research Institute reported income of $472k and spending of $609k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $472k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 151% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health Research Institute sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within IA. Charities of a similar size with the same main cause include Live Oak Seniors Inc ($472k), RPH West Inc ($472k) and Healing Arizona Veterans ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $233k. At year end it held assets of $103k against liabilities of $1.1m, net assets of -$952k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.