Center for Biomedical Research Transparency Inc

Analysis

Center for Biomedical Research Transparency Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2018, 8 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, Center for Biomedical Research Transparency Inc reported income of $108k and spending of $208k, spending 194% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $124k to $108k (-13%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 132% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center for Biomedical Research Transparency Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Amazing Grace Health Foundation ($108k), Waves Yoga Foundation ($108k) and Schneck Medical Center Guild ($108k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $90k (43% of expenses). At year end it held assets of $0 against liabilities of $40k, net assets of -$40k. It reported 1 employees.