Academy for Health & Lifespan Research Inc

Analysis

Academy for Health & Lifespan Research Inc is a registered charity in United States, based in Newton Center, MA. It received its IRS tax-exemption ruling in July 2021, 5 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, Academy for Health & Lifespan Research Inc reported income of $454k and spending of $238k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $454k (+141%), an average of +141% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Academy for Health & Lifespan Research Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Arkansas Prostate Cancer Foundation Inc ($454k), Post-Polio Health International Inc ($454k) and Informed Choice of Iowa Corporation ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (26% of expenses). At year end it held assets of $230k against liabilities of $0, net assets of $230k.