Human Cell Atlas Inc

Analysis

Human Cell Atlas Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 June 2023, Human Cell Atlas Inc reported income of $1.2m and spending of $2.2m, spending 176% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $777k to $1.2m (+60%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 261%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Human Cell Atlas Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Golden State Ballet Foundation ($1.2m), Jazzarts Charlotte ($1.2m) and Erie Civic Theatre Association ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.2% of the total. At year end it held assets of $2.4m against liabilities of $1.3m, net assets of $1.2m.