Northern California Institute for Research and Education Inc

Analysis

Northern California Institute for Research and Education Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 1990, 36 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, Northern California Institute for Research and Education Inc reported income of $52.6m and spending of $51.7m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $48.4m to $52.6m (+8.8%), an average of +2.1% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northern California Institute for Research and Education Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Family Health Center of Marshfield Inc ($52.4m), Healthpartners Institute ($52.6m) and Moab Valley Healthcare Inc ($52.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $925k (1.8% of expenses). Other salaries and wages came to $21.8m. At year end it held assets of $19.7m against liabilities of $9.9m, net assets of $9.8m. It reported 270 employees.