Childrens Research Institute

Analysis

Childrens Research Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Research Institute reported income of $89.7m and spending of $119.7m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.9m to $89.7m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 144% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Childrens Research Institute sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within DC. Charities of a similar size with the same main cause include Defiance Hospital Inc ($89.7m), Fox Chase Cancer Center Medical Group Inc ($89.7m) and Lower Valley Hospital Association ($89.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $567k (0.5% of expenses). Other salaries and wages came to $57.1m. At year end it held assets of $27.8m against liabilities of $448.7m, net assets of -$420.9m.

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.