Ketamine Research Foundation

Analysis

Ketamine Research Foundation is a registered charity in United States, based in San Anselmo, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ketamine Research Foundation reported income of $884k and spending of $959k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $777k to $884k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ketamine Research Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include The Palmetto Palace ($884k), Berkeley Addiction Treatment Services ($884k) and Northern Shenandoah Valley Substance Use Coalition ($884k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $173k (18% of expenses). At year end it held assets of $528k against liabilities of $1,964, net assets of $526k.