Hudson-Alpha Institute for Biotechnology
601 Genome Way, Huntsville, AL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $52,208,987 | $60,147,672 | $178,965,229 |
| FY2023 | $61,674,062 | $60,303,724 | $189,931,612 |
| FY2022 | $53,847,313 | $53,817,844 | $187,068,030 |
| FY2021 | $45,340,795 | $62,805,363 | $176,628,244 |
| FY2020 | $51,805,437 | $57,579,622 | $191,241,307 |
| FY2019 | $139,619,021 | $59,036,723 | $186,713,985 |
| FY2018 | $80,668,556 | $71,732,125 | $103,513,974 |
| FY2017 | $51,277,870 | $62,003,431 | $94,736,896 |
| FY2016 | $67,252,095 | $54,276,217 | $105,410,881 |
| FY2015 | $37,939,241 | $49,529,285 | $93,758,566 |
| FY2014 | $35,716,838 | $38,292,273 | $136,549,678 |
| FY2013 | $37,241,351 | $34,469,983 | $141,038,079 |
| FY2012 | $31,490,187 | $34,049,089 | $133,141,260 |
| FY2011 | $38,892,638 | $34,700,452 | $132,880,825 |
Form 990 filings
The returns filed by Hudson-Alpha Institute for Biotechnology (EIN 43-2059317), 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 | $42,705,427 | 82% |
| Program service revenue | $1,693,423 | 3% |
| Other revenue | $7,810,137 | 15% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $43,829,712 | 73% |
| Management & general | $15,129,692 | 25% |
| Fundraising | $1,188,268 | 2% |
What the numbers show
- Contributions & grants made up 82% of total revenue in FY2024.
- Program services accounted for 73% of functional expenses, management & general 25%, and fundraising 2%.
- 73% of functional expenses went to program services in FY2024. That is higher than 22.8% of 171 Science & Technology organizations nationwide (too few in AL for a state comparison).
- Net assets covered about 35.7 months of expenses at the end of the reporting year. That puts it in the 70th percentile among 1885 Science & Technology organizations nationwide (too few in AL for a state comparison).
- Total revenue was higher than 96.5% of 1939 Science & Technology organizations nationwide (too few in AL for a state comparison).
- Total revenue rose from $38,892,638 in FY2011 to $52,208,987 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 7 of 14 reported years (FY2012, FY2014, FY2015, FY2017, FY2020, FY2021, FY2024).
- The highest revenue on record here is $139,619,021 in FY2019.
- Net assets grew from $132,880,825 to $178,965,229 between FY2011 and FY2024.
- Contributions and grants made up 91% of revenue in FY2011 and 82% in FY2024.
- 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
THE PRIMARY MISSION OF THE INSTITUTE WILL BE TO USE THE INCREASINGLY POWERFUL RESEARCH TOOLS BEING DEVELOPED IN THE BIOTECHNOLOGY AREA TO BETTER UNDERSTAND THE CAUSES OF CERTAIN DISEASES AND TO APPLY THE FINDINGS OF SUCH RESEARCH TO HELP DEVELOP NEW AND MORE EFFECTIVE TREATMENTS FOR SUCH DISEASES.
IRS status
| Ruling year | 2005 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | U99 — Science & Technology |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Southern Research Institute — Birmingham, AL · $50,381,130
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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