Ellison Institute Research Foundation

Analysis

Ellison Institute Research Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 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, Ellison Institute Research Foundation reported income of $2.9m and spending of $714k, leaving 76% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $13.7m to $2.9m (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 7.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ellison Institute Research Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Alzheimers San Diego ($2.9m), Nevada Cancer Coalition ($2.9m) and Solidarity Bridge Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $20.0m against liabilities of $4,419, net assets of $20.0m.