WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH
455 MAIN ST, CAMBRIDGE, MA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $222,267,487 | $174,270,117 | $828,669,542 |
| FY2024 | $164,876,615 | $145,733,750 | $762,926,607 |
| FY2023 | $120,192,597 | $122,899,801 | $708,887,599 |
| FY2022 | $110,885,074 | $110,235,410 | $676,356,621 |
| FY2021 | $97,603,749 | $96,726,988 | $768,200,561 |
| FY2020 | $72,327,232 | $77,087,871 | $558,979,542 |
| FY2019 | $83,985,006 | $72,969,532 | $565,589,994 |
| FY2018 | $70,193,474 | $72,071,760 | $539,229,106 |
| FY2017 | $96,307,678 | $77,179,552 | $516,932,974 |
| FY2016 | $55,886,798 | $78,487,727 | $472,666,786 |
| FY2015 | $73,964,154 | $75,854,133 | $507,888,936 |
| FY2014 | $70,200,667 | $75,477,118 | $523,442,215 |
| FY2013 | $71,621,169 | $72,838,428 | $474,050,448 |
| FY2012 | $64,468,527 | $70,673,639 | $446,786,420 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $30,525,503 | 93% |
| Program service revenue | $2,429,262 | 7% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $152,070,256 | 87% |
| Management & general | $20,202,482 | 12% |
| Fundraising | $1,997,379 | 1% |
What the numbers show
- Contributions & grants made up 93% of total revenue in FY2025.
- Program services accounted for 87% of functional expenses, management & general 12%, and fundraising 1%.
- 87% of functional expenses went to program services in FY2025. That is higher than 63.7% of 157 Medical Research organizations nationwide (too few in MA for a state comparison).
- Net assets covered about 57.1 months of expenses at the end of the reporting year. That puts it in the 68th percentile among 158 Medical Research organizations in MA.
- Total revenue was higher than 99.4% of 162 Medical Research organizations in MA.
- Total revenue rose from $64,468,527 in FY2012 to $222,267,487 in FY2025, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2018, FY2020, FY2023).
- Net assets grew from $446,786,420 to $828,669,542 between FY2012 and FY2025.
- Contributions and grants made up 51% of revenue in FY2012 and 14% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
WHITEHEAD INSTITUTE IS A BIOLOGICAL RESEARCH INSTITUTE DEDICATED TO MAKING PARADIGM SHIFTING INSIGHTS INTO THE FUNDAMENTAL PRINCIPLES OF LIFE.
IRS status
| Ruling year | 2018 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H92 — Medical Research |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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