Arid1b Research Foundation

Analysis

Arid1b Research Foundation is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Arid1b Research Foundation reported income of $311k and spending of $159k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $311k (+1009%), an average of +1009% a year. The sharpest change came in the year to December 2023, when income rose by 1009%. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arid1b Research Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Sparks PPD Inc ($311k), Great Falls Clinic Legacy Foundation ($311k) and Thompson Falls Ambulance ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.