Genetic Information Research Institute

Analysis

Genetic Information Research Institute is a registered charity in United States, based in E Palo Alto, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 October 2023, Genetic Information Research Institute reported income of $536k and spending of $466k, spending 87% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $381k to $536k (+41%), an average of +8.9% a year. The sharpest change came in the year to October 2023, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Genetic Information Research Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Tennessee Dental Wellness Foundation Inc ($535k), Ematai Inc ($536k) and United Connections Counseling Inc ($535k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.2% and program service revenue 64% of the total. Other salaries and wages came to $225k. At year end it held assets of $2.0m against liabilities of $26k, net assets of $2.0m. It reported 4 employees.