Charity Search / INSTITUTE FOR LIFE SCIENCE ENTREPRENEURSHIP INC
Medical Research (H99) 990 on File

INSTITUTE FOR LIFE SCIENCE ENTREPRENEURSHIP INC

EIN: 46-5632420 · UNION, NJ 07083-7133 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$953K
Total Revenue
$923K
Total Expenses
$1.1M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.8%
Fundraising Efficiency N/A
Operating Reserve 14.56x
Liability-to-Asset 32.4%
Revenue Diversification 52.6%
Executive Compensation $469K
Compared with Peers
FY 2024
Compared with 726 similar organizations (United States, Medical Research, $100K–$1M in expenses), FY 2024.
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
82.8% 84.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
17.2% 11.4%
P10P90
Below 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
14.6 mo 13.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
32.4% 0.4%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
52.6% 93.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
4.5% 9.1%
P10P90
Expense growth
Year over year expense growth
13.6% 8.8%
P10P90
Surplus margin
Surplus as a share of revenue
3.1% 1.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $953K $923K $1.1M 82.8% 5
2023 $911K $813K $1.1M 82.8% 5
2022 $1.1M $799K $1.0M 83.4% 6
2021 $1.0M $762K N/A 6
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Organization Details
EIN
46-5632420
State
NJ
City
UNION
ZIP
07083-7133
Classification
H99
Category
Medical Research
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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