The Panorama Institute of Molecular Medicine

Analysis

The Panorama Institute of Molecular Medicine is a registered charity in United States, based in Sunnyvale, CA. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Panorama Institute of Molecular Medicine reported income of $246k and spending of $70k, leaving 71% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $214k to $246k (+15%), an average of +4.7% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Panorama Institute of Molecular Medicine sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Healthcare Extension Promotion and Training Organization Inc ($246k), Black River Education and Wellness Foundation ($246k) and Cancer Network of Snaders County ($246k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. At year end it held assets of $844k against liabilities of $43k, net assets of $801k.