Jaeb Center for Health Research Inc

Analysis

Jaeb Center for Health Research Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Jaeb Center for Health Research Inc reported income of $53.2m and spending of $44.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.2m to $53.2m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jaeb Center for Health Research Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Easter Seals Inc ($53.2m), Community Solutions for Children Families and Individuals ($53.3m) and Miriam Osborn Memorial Home Association ($53.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $1.4m (3.1% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $23.8m against liabilities of $19.5m, net assets of $4.3m. It reported 165 employees.