Ethos Discovery

Analysis

Ethos Discovery is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Ethos Discovery reported income of $793k and spending of $426k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $793k (+102%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 1054%. Over the whole period it spent 20% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ethos Discovery sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Masonic Home Community Based Services Inc ($793k), Society for Medical Decision Making Inc ($793k) and Hemato Institute Inc ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $11.2m against liabilities of $28k, net assets of $11.2m.