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Institute for Exceptional Care

RegisteredEIN 85-1278444Washington, DCHealth and saving lives
Income$1.3m2023-12
Spending$1.8msame year
Spent / received81%4-year average
Size in its cause67th pctHealth and saving lives
Exempt since2021Publicly supported organisat
Employees8latest return

Analysis

Institute for Exceptional Care is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 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, Institute for Exceptional Care reported income of $1.3m and spending of $1.8m, spending 147% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $188k to $1.3m (+563%), an average of +88% a year. The sharpest change came in the year to December 2022, when income rose by 349%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for Exceptional Care sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 59th percentile within DC. Charities of a similar size with the same main cause include Alles Institute for Medical Research ($1.2m), The Harbor Inc ($1.3m) and Seafield Resources Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $371k (20% of expenses). Other salaries and wages came to $578k. At year end it held assets of $1.1m against liabilities of $263k, net assets of $795k. It reported 8 employees.

Income and spending

$0$559k$1.1m$1.7m$2.2m2020 Income: $188,4702020 Spending: $79,88920202021 Income: $498,5672021 Spending: $409,72720212022 Income: $2,236,9632022 Spending: $1,054,00320222023 Income: $1,250,4632023 Spending: $1,834,4192023
IncomeSpending

Where the income comes from

  • Contributions & grants 73%
  • Program services 26%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Alles Institute for Medical ResearchEl Cerrito$1.2m
The Harbor IncAstoria$1.3m
Seafield Resources IncW Hampton BCH$1.2m
Lee Dewey CorporationSaint Louis$1.3m