VMR Research Foundation

Analysis

VMR Research Foundation is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in May 2023, 3 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, VMR Research Foundation reported income of $115k and spending of $50k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $115k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, VMR Research Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Empowered Citizens ($115k), Western New England Institute for Psychoanalysis ($115k) and Illini 4000 ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $226k against liabilities of $32k, net assets of $194k.