Cystic Fibrosis Research Institute

Analysis

Cystic Fibrosis Research Institute is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in December 1975, 51 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, Cystic Fibrosis Research Institute reported income of $2.2m and spending of $1.6m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.2m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cystic Fibrosis Research Institute sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include American Society of Hand Therapists ($2.2m), Building Hope Summit County ($2.2m) and Postnatal Help ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $111k (6.9% of expenses). Other salaries and wages came to $245k. At year end it held assets of $3.7m against liabilities of $20k, net assets of $3.7m. It reported 9 employees.