Health Research Incorporated Elizabeth Wood
150 Broadway Ste 280, Menands, NY · IRS data through FY2026
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2026 | $912,790,717 | $1,001,279,801 | $574,256,469 |
| FY2025 | $1,087,043,800 | $1,057,792,895 | $665,009,354 |
| FY2024 | $1,063,879,116 | $1,143,061,495 | $637,346,501 |
| FY2023 | $995,310,137 | $940,966,272 | $705,745,256 |
| FY2022 | $1,331,761,397 | $1,290,001,569 | $649,628,122 |
| FY2021 | $1,161,732,655 | $1,179,274,604 | $610,647,684 |
| FY2020 | $1,326,519,936 | $820,344,920 | $617,176,084 |
| FY2019 | $771,170,665 | $758,692,097 | $114,790,448 |
| FY2018 | $712,607,258 | $704,873,265 | $100,143,418 |
| FY2017 | $690,279,145 | $683,958,907 | $88,522,738 |
| FY2016 | $673,613,999 | $669,190,491 | $78,754,935 |
| FY2015 | $690,422,535 | $671,234,520 | $75,741,182 |
| FY2014 | $703,898,454 | $699,241,618 | $53,160,564 |
| FY2013 | $666,738,948 | $664,129,007 | $39,617,324 |
Form 990 filings
The returns filed by Health Research Incorporated Elizabeth Wood (EIN 14-1402155), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $876,808,274 | 96% |
| Program service revenue | -$2,007 | -0% |
| Other revenue | $35,984,450 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $960,660,593 | 96% |
| Management & general | $40,619,208 | 4% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 96% of total revenue in FY2026.
- Program services accounted for 96% of functional expenses, management & general 4%, and fundraising 0%.
- 96% of functional expenses went to program services in FY2026. That is higher than 95% of 20 Medical Research organizations in NY.
- Net assets covered about 6.9 months of expenses at the end of the reporting year. That puts it in the 23rd percentile among 239 Medical Research organizations in NY.
- Total revenue was the highest among 249 Medical Research organizations in NY.
- Total revenue rose from $666,738,948 in FY2013 to $912,790,717 in FY2026. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2021, FY2024, FY2026).
- The highest revenue on record here is $1,331,761,397 in FY2022.
- Net assets grew from $39,617,324 to $574,256,469 between FY2013 and FY2026.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (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
IRS status
| Ruling year | 1955 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H300 — Medical Research (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 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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