Termeer Institute Inc

Analysis

Termeer Institute Inc is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in March 2019, 7 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, Termeer Institute Inc reported income of $521k and spending of $1.9m, spending 360% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $15k to $521k (+3276%), an average of +141% a year. The sharpest change came in the year to December 2020, when income rose by 15407%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Termeer Institute Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Parkinson Foundation of Western Pennsylvania ($521k), Gaston Volunteer Rescue Squad Inc ($521k) and Holistic Riding Equestrian Therapy ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 177% of the total. Compensation of current officers, directors and key employees was $318k (17% of expenses). Other salaries and wages came to $473k. It paid $79k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $431k, net assets of $688k. It reported 7 employees.