Lundquist Institute for Biomedical Innovation at Harbor-UCLA Medical
1124 W Carson St, Torrance, CA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $94,550,669 | $106,850,446 | $68,461,000 |
| FY2024 | $97,191,937 | $104,834,129 | $77,753,000 |
| FY2023 | $91,625,062 | $99,189,062 | $81,840,000 |
| FY2022 | $85,153,761 | $91,968,761 | $87,064,000 |
| FY2021 | $88,849,610 | $90,527,887 | $93,199,954 |
| FY2020 | $93,590,688 | $88,086,650 | $88,044,342 |
| FY2018 | $88,251,402 | $82,190,809 | $66,616,570 |
| FY2017 | $98,669,186 | $82,202,821 | $60,705,717 |
| FY2016 | $72,630,234 | $75,439,718 | $42,828,576 |
| FY2015 | $75,423,661 | $77,509,798 | $46,364,389 |
| FY2014 | $74,704,869 | $75,856,108 | $50,295,643 |
| FY2013 | $75,019,349 | $74,335,484 | $52,309,270 |
| FY2012 | $77,785,284 | $71,425,621 | $49,175,335 |
| FY2011 | $76,100,188 | $74,482,098 | $44,376,586 |
Form 990 filings
The returns filed by Lundquist Institute for Biomedical Innovation at Harbor-UCLA Medical (EIN 95-2138184), 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 | $87,024,613 | 92% |
| Program service revenue | $5,511,761 | 6% |
| Other revenue | $2,014,295 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $74,320,351 | 70% |
| Management & general | $31,875,095 | 30% |
| Fundraising | $655,000 | 1% |
What the numbers show
- Contributions & grants made up 92% of total revenue in FY2025.
- Program services accounted for 70% of functional expenses, management & general 30%, and fundraising 1%.
- 70% of functional expenses went to program services in FY2025. That is higher than 13.6% of 22 Medical Research organizations in CA.
- Net assets covered about 7.7 months of expenses at the end of the reporting year. That puts it in the 28th percentile among 335 Medical Research organizations in CA.
- Total revenue was higher than 98.3% of 350 Medical Research organizations in CA.
- Total revenue rose from $76,100,188 in FY2011 to $94,550,669 in FY2025. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 8 of 14 reported years (FY2014, FY2015, FY2016, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $98,669,186 in FY2017.
- Net assets grew from $44,376,586 to $68,461,000 between FY2011 and FY2025.
- Contributions and grants made up 87% of revenue in FY2011 and 92% in FY2025.
- 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
TO ENGAGE IN BIOMEDICAL RESEARCH, EDUCATE, AND PROVIDE COMMUNITY HEALTH SERVICES.
IRS status
| Ruling year | 1954 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | H900 — 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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