Health Enhancement Research Organization Inc

Analysis

Health Enhancement Research Organization Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Health Enhancement Research Organization Inc reported income of $984k and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $984k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2020, when income dropped by 22%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Enhancement Research Organization Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Quad Cities Autism Center Inc ($984k), Terebinth Refuge ($985k) and Team Luke Hope for Minds ($984k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $119k (12% of expenses). Other salaries and wages came to $274k. At year end it held assets of $206k against liabilities of $214k, net assets of -$7,988. It reported 7 employees.