Alfred E Mann Foundation for Scientific Research

Analysis

Alfred E Mann Foundation for Scientific Research is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in May 1986, 40 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Alfred E Mann Foundation for Scientific Research reported income of $44.1m and spending of $31.8m, leaving 28% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.3m to $44.1m (+1809%), an average of +109% a year. The sharpest change came in the year to March 2021, when income rose by 9672%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alfred E Mann Foundation for Scientific Research sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Pew Research Center ($44.0m), Memphis Brooks Museum of Art Inc ($44.3m) and American Printing House for the Blind Inc ($43.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.0% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $5.5m (17% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $372.5m against liabilities of $6.7m, net assets of $365.9m. It reported 117 employees.