Dubai Harvard Foundation for Medical Research Inc

Analysis

Dubai Harvard Foundation for Medical Research Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dubai Harvard Foundation for Medical Research Inc reported income of $448k and spending of $712k, spending 159% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $459k to $448k (-2.4%), an average of -0.6% a year. Over the whole period it spent 736% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dubai Harvard Foundation for Medical Research Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Eureka Volunteer Ambulance Service Inc 10-18-95 ($448k), Coalition for Health Funding ($448k) and Pine Grove Public Benefit Corporation ($448k).

At year end it held assets of $13.2m against liabilities of $13k, net assets of $13.2m.

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.