Steadman Philippon Research Institute

Analysis

Steadman Philippon Research Institute is a registered charity in United States, based in Vail, CO. It received its IRS tax-exemption ruling in December 1989, 37 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, Steadman Philippon Research Institute reported income of $13.9m and spending of $16.2m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.0m to $13.9m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Steadman Philippon Research Institute sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Mental Health Kokua ($13.9m), Community Forward SF Inc ($13.9m) and CHN Nebraska Dba Ctr Nutrtion HLTH ($13.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $562k (3.5% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $15.7m against liabilities of $7.1m, net assets of $8.6m. It reported 82 employees.