Medical Research (H300) 990 on File

HEALTH RESEARCH INCORPORATED ELIZABETH WOOD

EIN: 14-1402155 · MENANDS, NY 12204-2732 · United States · FY 2026 Data

3 out of 5 50 / 100 Based on 2+ years of filings

Financial strength (30%) 56/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2026 · Scored 10/18/2026

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CharityAI™ Score

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Financial Overview — FY 2026

$912.8M

Total Revenue

$1001.3M

Total Expenses

$574.3M

Net Assets

2550

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 95.9%

Fundraising Efficiency N/A

Operating Reserve 6.88x

Liability-to-Asset 23.4%

Revenue Diversification 96.1%

Executive Compensation $506K

Compared with Peers

FY 2025

Compared with 10 similar organizations (United States, Medical Research, $100M and over in expenses), FY 2025. No peer figures are published for FY 2026; the group's latest year is shown instead. This organization's figures are from FY 2026.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	95.9%	93.7%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	4.1%	4.7%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	6.9 mo	16.1 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	23.4%	23.3%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	96.1%	89.7%	P10P90	Below median
Revenue growth Year over year revenue growth	-16.0%	15.2%	P10P90
Expense growth Year over year expense growth	-5.3%	2.0%	P10P90
Surplus margin Surplus as a share of revenue	-9.7%	8.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2026	$912.8M	$1001.3M	$574.3M	95.9%	2550
2025	$1087.0M	$1057.8M	$665.0M	96.2%	2721
2024	$1063.9M	$1143.1M	$637.3M	96.4%	2644
2023	$995.3M	$941.0M	$705.7M	96.0%	2610
2022	$1331.8M	$1290.0M	N/A	—	2502

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Organization Details

EIN: 14-1402155
State: NY
City: MENANDS
ZIP: 12204-2732
Classification: H300
Category: Medical Research
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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