Preventive Medicine Research Institute

Analysis

Preventive Medicine Research Institute is a registered charity in United States, based in Sausalito, CA. It received its IRS tax-exemption ruling in January 1985, 41 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 June 2023, Preventive Medicine Research Institute reported income of $1.8m and spending of $3.6m, spending 199% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.8m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 118%. Over the whole period it spent 122% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Preventive Medicine Research Institute sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Victory Houston Inc ($1.8m), Glacier Care Center Inc ($1.8m) and Hearing and Speech Center of Florida Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $335k (9.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.4m against liabilities of $83k, net assets of $1.3m. It reported 13 employees.