Bioone

Analysis

Bioone is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Bioone reported income of $12.9m and spending of $11.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.2m to $12.9m (+6.0%), an average of +1.5% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bioone sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 90th percentile within DC. Charities of a similar size with the same main cause include Engineering Ministries International USA ($12.9m), Maryland Science Center ($12.9m) and Museum of Jewish Heritage a Living Memorial to the Holocaust ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $351k (3.1% of expenses). Other salaries and wages came to $772k. At year end it held assets of $13.2m against liabilities of $7.7m, net assets of $5.5m. It reported 8 employees.