Centre for Research Education Scientific Therapeutics Inc

Analysis

Centre for Research Education Scientific Therapeutics Inc is a registered charity in United States, based in Princeton, NJ. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Centre for Research Education Scientific Therapeutics Inc reported income of $1.6m and spending of $1.4m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $933k to $1.6m (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 3504%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Centre for Research Education Scientific Therapeutics Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include ALS United Ohio Inc ($1.6m), St Vincent de Paul Community Pharmacy Inc ($1.6m) and Southeast Christian Counseling Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $351k against liabilities of $44k, net assets of $307k.