Insight Research Institute
Analysis
Insight Research Institute is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in June 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 2022, Insight Research Institute reported income of $1.1m and spending of $771k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $200k to $1.1m (+440%), an average of +132% a year. The sharpest change came in the year to December 2022, when income rose by 153%. Over the whole period it spent 82% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Insight Research Institute sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Child Cancer Fund Inc ($1.1m), Problems Anonymous Action Group Incorporated ($1.1m) and Eagles Wings Counseling Center Inc ($1.1m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $23k (3.0% of expenses). At year end it held assets of $348k against liabilities of $37k, net assets of $311k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Child Cancer Fund Inc | Jacksonville | $1.1m |
| Problems Anonymous Action Group Incorporated | Ogden | $1.1m |
| Eagles Wings Counseling Center Inc | Sarasota | $1.1m |
| Northern Michigan Health Consortium | Charlevoix | $1.1m |