Trauma Research Foundation Inc

Analysis

Trauma Research Foundation Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover health care, 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 June 2023, Trauma Research Foundation Inc reported income of $3.4m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from January 2020 to June 2023, income grew from $410k to $3.4m (+733%), an average of +70% a year. The sharpest change came in the year to January 2021, when income rose by 511%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trauma Research Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Cabell Huntington Hospital Foundation Inc ($3.4m), Inspire Inc ($3.4m) and Ruthven Community Care Center Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $5.3m against liabilities of $282k, net assets of $5.0m. It reported 13 employees.