Thomas N Lynn Institute for Healthcare Research Inc

Analysis

Thomas N Lynn Institute for Healthcare Research Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a private operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Thomas N Lynn Institute for Healthcare Research Inc reported income of $820k and spending of $1.5m, spending 180% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $460k to $820k (+78%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 137%. Over the whole period it spent 153% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thomas N Lynn Institute for Healthcare Research Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OK. Charities of a similar size with the same main cause include Hope Foundation for Women & Children of Bangladesh Inc ($820k), Repro TLC ($820k) and Nalwoodi Denzhone - Strength and Beauty Community ($820k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 53% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $365k (25% of expenses). Other salaries and wages came to $184k. At year end it held assets of $18.3m against liabilities of $1.6m, net assets of $16.7m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.