Human Biomolecular Research

Analysis

Human Biomolecular Research is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 June 2024, Human Biomolecular Research reported income of $108k and spending of $598k, spending 553% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $615k to $108k (-82%), an average of -29% a year. The sharpest change came in the year to June 2024, when income dropped by 83%. Over the whole period it spent 146% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Human Biomolecular Research sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Performing Arts Journal Inc ($108k), Harmonia Stellarum Houston ($108k) and Texas Filmmakers Corporation ($108k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% of the total. Other salaries and wages came to $308k. At year end it held assets of $4.0m against liabilities of $3.1m, net assets of $922k.

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.