Arc Research Institute
3181 Porter Dr, Palo Alto, CA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $122,280,682 | $82,781,856 | $100,720,320 |
| FY2023 | $53,611,444 | $64,203,698 | $61,884,016 |
| FY2022 | $96,576,028 | $32,795,122 | $72,476,270 |
| FY2021 | $15,446,292 | $6,520,686 | $8,695,364 |
Form 990 filings
The returns filed by Arc Research Institute (EIN 87-1920284), 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 | $120,446,690 | 99% |
| Program service revenue | $166,647 | <1% |
| Other revenue | $1,667,345 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $64,083,480 | 77% |
| Management & general | $18,698,376 | 23% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 99% of total revenue in FY2024.
- Program services accounted for 77% of functional expenses, management & general 23%, and fundraising 0%.
- 77% of functional expenses went to program services in FY2024. That is higher than 31.8% of 22 Medical Research organizations in CA.
- Net assets covered about 14.6 months of expenses at the end of the reporting year. That puts it in the 40th percentile among 335 Medical Research organizations in CA.
- Total revenue was higher than 98.9% of 350 Medical Research organizations in CA.
- Total revenue rose from $15,446,292 in FY2021 to $122,280,682 in FY2024. Revenue increased in 2 and decreased in 1 of 3 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 4 reported years (FY2023).
- Net assets grew from $8,695,364 to $100,720,320 between FY2021 and 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
Our mission is to accelerate scientific progress and understand the root causes of complex diseases. This challenge requires researchers across many disciplines to study fundamental biological mechanisms, develop new technologies, and innovate on therapeutic concepts.
IRS status
| Ruling year | 2022 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H99 — Medical Research |
| 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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