Pacific Northwest Research Institute

Analysis

Pacific Northwest Research Institute is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1958, 68 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Pacific Northwest Research Institute reported income of $5.6m and spending of $11.5m, spending 205% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.6m to $5.6m (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2020, when income rose by 352%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pacific Northwest Research Institute sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Community Drive Surgery PC ($5.6m), The Physicians Foundation Inc ($5.6m) and Goochlandcares Inc ($5.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.5m (13% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $16.8m against liabilities of $1.0m, net assets of $15.8m. It reported 106 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.