Pacific Institute of Medical Research

Analysis

Pacific Institute of Medical Research is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1982, 44 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 December 2023, Pacific Institute of Medical Research reported income of $225k and spending of $124k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $244k to $225k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 2145%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pacific Institute of Medical Research sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Alabama Council on Compulsive Gambling Inc ($225k), James D Snyder Charitable TR ($225k) and Campbell County Drug Free Alliance ($225k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $363k against liabilities of $15, net assets of $363k. It reported 1 employees.