Biologic Association

Analysis

Biologic Association is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in September 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, Biologic Association reported income of $223k and spending of $135k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $213k to $223k (+4.5%), an average of +2.2% a year. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Biologic Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Methodist Dallas Medical Center Auxiliary ($223k), SVHC Realty Inc ($223k) and Spina Bifida & Hidrocephalus Association of Puerto Rico Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $343k against liabilities of $0, net assets of $343k.