Clinical Research Foundation Inc

Analysis

Clinical Research Foundation Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Clinical Research Foundation Inc reported income of $331k and spending of $309k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $331k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clinical Research Foundation Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within KY. Charities of a similar size with the same main cause include Effingham Health System Foundation Inc ($331k), New Bloomfield Ems ($331k) and American Radium Society Inc ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $42k (14% of expenses). Other salaries and wages came to $50k. At year end it held assets of $256k against liabilities of $2,730, net assets of $254k. It reported 7 employees.