Institute for Clinical Research Inc

Analysis

Institute for Clinical Research Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute for Clinical Research Inc reported income of $4.6m and spending of $4.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.6m (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 144%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for Clinical Research Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Chrysalis House Inc ($4.6m), Healthier Moms and Babies Inc ($4.6m) and Masonic Family Health Foundation ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $173k (3.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $13.3m against liabilities of $1.1m, net assets of $12.2m. It reported 36 employees.