Microbiome Research Inc

Analysis

Microbiome Research Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in June 2020, 6 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, Microbiome Research Inc reported income of $674k and spending of $689k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $487k to $674k (+38%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Microbiome Research Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Clinsura Inc ($674k), Iowa Consortium for Comprehensive Cancer Control ($674k) and Hitops Inc ($674k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $32k, net assets of -$15k.