Interrai

Analysis

Interrai is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Interrai reported income of $1.7m and spending of $1.1m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Interrai sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include Washington Regional Alcohol Program ($1.7m), Washington Rural Health Collaborative ($1.7m) and Visions Unlimited ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 77% of the total. At year end it held assets of $5.4m against liabilities of $34k, net assets of $5.4m.