Health Research Incorporated Elizabeth Wood
Health Research Incorporated Elizabeth Wood operates on a multi-billion dollar scale with zero reported officer compensation.
EIN: 141402155 · Menands, NY · NTEE: H300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8B |
| Total Expenses | $1.1B |
| Program Spending | 90% |
| Net Assets | $637.3M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Health Research Incorporated Elizabeth Wood Form 990, Revenue, CEO Pay, and IRS Filing Signals
Health Research Incorporated Elizabeth Wood is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Health Research Incorporated Elizabeth Wood in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $1.1B and expenses of $1.1B.
Revenue and Expenses
Health Research Incorporated Elizabeth Wood reported $1.1B in revenue and $1.1B in expenses, a deficit of $79.2M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Health Research Incorporated Elizabeth Wood Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.0B (90%) |
Across stored filings, Health Research Incorporated Elizabeth Wood shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category H context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Healthy Capital District Initiative →All New York nonprofits
All Category H
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Menands, NY nonprofitsCategory H in New York
Health in New York
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Category H spending
Best Category H charities in New York
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Skowhegan School Of Painting And Sculpture Inc
New York, NY · $20.8M revenue · Score 90/100
Compare side-by-sideGarrison Institute
Garrison, NY · $4.1M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Foundation Inc
Rochester, NY · $2.0M revenue · Score 90/100
Compare side-by-sideGreater Rochester Enterprise Inc
Rochester, NY · $2.3M revenue · Score 88/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Health Research Incorporated Elizabeth Wood directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Health Research Incorporated Elizabeth Wood
Health Research Incorporated Elizabeth Wood (EIN: 141402155) is a nonprofit organization based in Menands, NY, classified under NTEE code H300. The organization reported total revenue of $1.8B and total assets of $845.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Research Incorporated Elizabeth Wood's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Research Incorporated Elizabeth Wood is a major nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1B |
| Total Expenses | $1.1B |
| Surplus / Deficit | $-79,182,379 |
| Total Assets | $900.5M |
| Total Liabilities | $263.2M |
| Net Assets | $637.3M |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 29.2% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2024, Health Research Incorporated Elizabeth Wood reported a deficit of $79.2M with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 29.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Health Research Incorporated Elizabeth Wood's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.9% | +21.5% | +2.9% |
| 2023 | -25.3% | -27.1% | +10.3% |
| 2022 | +14.6% | +9.4% | -1.6% |
| 2021 | -12.4% | +43.8% | +6.0% |
| 2020 | +72.0% | +8.1% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Health Research Incorporated Elizabeth Wood with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Health Research Incorporated Elizabeth Wood allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $79.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this immense size and revenue, suggesting either a unique operational model or that compensation is structured differently and not reported under 'Officer Comp'.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Health Research Incorporated Elizabeth Wood's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this scale, which may obscure actual executive remuneration structures.
- Periods where expenses exceed revenue, such as in 202403 and 202103, warrant closer examination of operational efficiency and financial planning.
Strengths
The following positive indicators were identified for Health Research Incorporated Elizabeth Wood:
- Massive scale of operations with latest revenue at $1,766,610,151, indicating significant capacity for impact.
- Consistent reporting of 0% officer compensation, suggesting strong commitment to minimizing executive overhead or unique governance.
- Substantial and growing asset base, reaching $900,509,246 in 202403, providing financial stability.
- Long filing history (13 filings) demonstrates consistent compliance and operational longevity.
Frequently Asked Questions about Health Research Incorporated Elizabeth Wood
Is Health Research Incorporated Elizabeth Wood a legitimate charity?
Health Research Incorporated Elizabeth Wood (EIN: 141402155) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.8B. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Health Research Incorporated Elizabeth Wood spend its money?
Health Research Incorporated Elizabeth Wood directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Health Research Incorporated Elizabeth Wood tax-deductible?
Health Research Incorporated Elizabeth Wood is registered as a tax-exempt nonprofit (EIN: 141402155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Health Research Incorporated Elizabeth Wood's spending goes to programs?
Health Research Incorporated Elizabeth Wood directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Health Research Incorporated Elizabeth Wood compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Health Research Incorporated Elizabeth Wood is above average for NTEE category H300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Health Research Incorporated Elizabeth Wood located?
Health Research Incorporated Elizabeth Wood is headquartered in Menands, New York and files with the IRS under EIN 141402155. It is classified under NTEE code H300.
How many years of IRS 990 filings does Health Research Incorporated Elizabeth Wood have?
Health Research Incorporated Elizabeth Wood has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.8B in total revenue.
How does Health Research Incorporated Elizabeth Wood manage to report 0% officer compensation given its multi-billion dollar operations?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could indicate that executive leadership is compensated through other means not categorized as 'Officer Comp' on the 990, or that the organization relies heavily on volunteer leadership or a unique staffing model. Further investigation into their full 990 forms would be needed to understand this structure.
What is the primary driver of the significant year-over-year fluctuations in revenue and expenses?
Revenue and expenses show considerable variability, for example, revenue dropped from $1,331,761,397 in 202203 to $995,310,137 in 202303, then increased to $1,063,879,116 in 202403. This could be due to the nature of large-scale research grants, project cycles, or specific funding initiatives. Understanding the source of these fluctuations would provide insight into financial stability and planning.
Are the periods where expenses exceed revenue a cause for concern?
While expenses exceeded revenue in periods like 202403 and 202103, the organization maintains substantial assets (e.g., $900,509,246 in 202403). For an organization of this size, occasional deficits can be managed through reserves or planned spending. However, a consistent trend of expenses exceeding revenue without a clear strategy could indicate long-term financial strain.
Filing History
IRS 990 filing history for Health Research Incorporated Elizabeth Wood showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Health Research Incorporated Elizabeth Wood's revenue has grown by 60.2%, moving from $664.2M to $1.1B. Total assets increased by 102.6% over the same period, from $444.5M to $900.5M. Total functional expenses rose by 73.2%, from $659.9M to $1.1B. In its most recent filing year (2024), Health Research Incorporated Elizabeth Wood reported a deficit of $79.2M, with expenses exceeding revenue. The organization holds $263.2M in liabilities against $900.5M in assets (debt-to-asset ratio: 29.2%), resulting in net assets of $637.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.1B | $1.1B | $900.5M | $263.2M | — | View 990 |
| 2023 | $995.3M | $941.0M | $875.4M | $169.7M | — | View 990 |
| 2022 | $1.3B | $1.3B | $793.3M | $143.7M | — | View 990 |
| 2021 | $1.2B | $1.2B | $806.6M | $196.0M | — | — |
| 2020 | $1.3B | $820.3M | $761.0M | $143.8M | — | View 990 |
| 2019 | $771.2M | $758.7M | $789.8M | $675.0M | — | View 990 |
| 2018 | $712.6M | $704.9M | $717.8M | $617.7M | — | View 990 |
| 2017 | $690.3M | $684.0M | $697.0M | $608.4M | — | View 990 |
| 2016 | $673.6M | $669.2M | $600.3M | $521.6M | — | View 990 |
| 2015 | $690.4M | $671.2M | $499.8M | $424.0M | — | View 990 |
| 2014 | $703.9M | $699.2M | $532.8M | $479.7M | — | View 990 |
| 2013 | $666.7M | $664.1M | $497.4M | $457.8M | — | View 990 |
| 2012 | $664.2M | $659.9M | $444.5M | $430.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.1B, expenses of $1.1B, and assets of $900.5M (revenue +6.9% year-over-year).
- 2023: Revenue of $995.3M, expenses of $941.0M, and assets of $875.4M (revenue -25.3% year-over-year).
- 2022: Revenue of $1.3B, expenses of $1.3B, and assets of $793.3M (revenue +14.6% year-over-year).
- 2021: Revenue of $1.2B, expenses of $1.2B, and assets of $806.6M (revenue -12.4% year-over-year).
- 2020: Revenue of $1.3B, expenses of $820.3M, and assets of $761.0M (revenue +72.0% year-over-year).
- 2019: Revenue of $771.2M, expenses of $758.7M, and assets of $789.8M (revenue +8.2% year-over-year).
- 2018: Revenue of $712.6M, expenses of $704.9M, and assets of $717.8M (revenue +3.2% year-over-year).
- 2017: Revenue of $690.3M, expenses of $684.0M, and assets of $697.0M (revenue +2.5% year-over-year).
- 2016: Revenue of $673.6M, expenses of $669.2M, and assets of $600.3M (revenue -2.4% year-over-year).
- 2015: Revenue of $690.4M, expenses of $671.2M, and assets of $499.8M (revenue -1.9% year-over-year).
- 2014: Revenue of $703.9M, expenses of $699.2M, and assets of $532.8M (revenue +5.6% year-over-year).
- 2013: Revenue of $666.7M, expenses of $664.1M, and assets of $497.4M (revenue +0.4% year-over-year).
- 2012: Revenue of $664.2M, expenses of $659.9M, and assets of $444.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Health Research Incorporated Elizabeth Wood:
Data Sources and Methodology
This transparency report for Health Research Incorporated Elizabeth Wood is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.