Guardian Research Network Inc

Analysis

Guardian Research Network Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in August 2017, 9 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2020, Guardian Research Network Inc reported income of $8.2m and spending of $8.8m, spending 107% of what it took in. Across the 2 years on record, from September 2019 to September 2020, income grew from $7.4m to $8.2m (+11%), an average of +11% a year. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Guardian Research Network Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Twin Tier Home Health Inc ($8.2m), Football Research Inc ($8.2m) and Hattie Ide Chaffee Nursing Home Inc ($8.2m).

On its Form 990 for the period ending September 2020, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $305k (3.5% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $4.2m against liabilities of $4.5m, net assets of -$286k. It reported 30 employees.