Institute for Biomedical Sciences

Analysis

Institute for Biomedical Sciences is a registered charity in United States, based in Del Mar, CA. It received its IRS tax-exemption ruling in April 2017, 9 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, Institute for Biomedical Sciences reported income of $584k and spending of $515k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $584k (+179%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 207%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for Biomedical Sciences sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Kern County Cancer Foundation ($584k), Bag It ($584k) and Convergence Integrated Care ($584k).

At year end it held assets of $1.2m against liabilities of $4,115, net assets of $1.2m. It reported 2 employees.