Lupus Research Alliance Inc

Analysis

Lupus Research Alliance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2000, 26 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 (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, Lupus Research Alliance Inc reported income of $50.9m and spending of $35.4m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $50.9m (+142%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lupus Research Alliance Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Fairview Bethesda Hospital ($50.8m), Michigan Primary Care Association ($50.9m) and St Marys Sacred Heart Hospital Inc ($50.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $2.3m (6.5% of expenses). Other salaries and wages came to $4.8m. It paid $72k in professional fundraising fees. At year end it held assets of $111.9m against liabilities of $36.6m, net assets of $75.3m. It reported 73 employees.