The Institute for Human Genetics and Biochemistry 12 Rue du Mont-De

Analysis

The Institute for Human Genetics and Biochemistry 12 Rue du Mont-De is a registered charity in United States, based in Switzerland. It received its IRS tax-exemption ruling in May 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3).

In the financial year ending December 2023, The Institute for Human Genetics and Biochemistry 12 Rue du Mont-De reported income of $95k and spending of $293k, spending 308% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $95k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 254% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Institute for Human Genetics and Biochemistry 12 Rue du Mont-De sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile. Charities of a similar size with the same main cause include Evans Scholars Foundation ($95k), South Carolina Association for the Education of Young Children ($95k) and American Sokol Organization and Educational and Physical Culture O ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $112k. At year end it held assets of $584k against liabilities of $0, net assets of $584k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.