Kelsey Research Foundation

Analysis

Kelsey Research Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2022, Kelsey Research Foundation reported income of $2.8m and spending of $2.4m, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.9m to $2.8m (+51%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kelsey Research Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Force-Facing Our Risk of Cancer Empowered ($2.8m), Northwest Behavioral Health Services Inc ($2.8m) and Mental Health Association for Chinese Communities ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 47% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $315k (13% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $9.7m against liabilities of $617k, net assets of $9.1m.