Polybio Research Foundation

Analysis

Polybio Research Foundation is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Polybio Research Foundation reported income of $17.4m and spending of $18.6m, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $623k to $17.4m (+2686%), an average of +428% a year. The sharpest change came in the year to December 2022, when income rose by 2771%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Polybio Research Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Cetronia Ambulance Corps Inc ($17.3m), Jha Services Inc ($17.4m) and National Environmental Health ($17.3m).

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 $132k (0.7% of expenses). At year end it held assets of $15.5m against liabilities of $2.6m, net assets of $12.9m. It reported 1 employees.