Public Charity

APPLIED BIOMEDICAL SCIENCE INSTITUTE

APPLIED BIOMEDICAL SCIENCE INSTITUTE is a Public Charity headquartered in SAN DIEGO, CA. Financial data from the 2024 filing: $4.5M revenue, $4.3M expenses, $2.6M total assets. 6 publicly reported grants to this organization, totaling roughly $2.1M, appear in IRS filings.

EIN: 825056708 SAN DIEGO, CA Biomedicine & Bioengineering Research NTEE: H92 Latest filing: 2024
Total Revenue$4.5M
Total Expenses$4.3M
Total Assets$2.6M
Grant Records6
Funding Total$2.1M
Filing Years2019–2024

Mission

TO PROMOTE AND PERFORM BIOMEDICAL RESEARCH TO ADVANCE THE UNDERSTANDING AND TREATMENT OF UNDERSERVED MEDICAL CONDITIONS.

Where $100 goes at Applied Biomedical Science Institute

How Applied Biomedical Science Institute divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$74 Programs the work itself
$26 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $74 for programs

$74
The Applied Biomedical Science Institute (aka abs institute) is formed to promote and perform biomedical research involving biological mechanisms of disease pathogenesis and resolution
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR OF CHEMICAL BIOLO Charles Melancon
BOARD MEMBER David Rabuka
VICE PRESIDENT, RESEARCH Duncan Mcgregor
BOARD MEMBER James Larrick
PROFESSOR Laurent Verkoczy
ASSOCIATE PROFESSOR Marilyn Diaz

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$2,091,696 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.5M $4.3M $2.6M
2023 $4.1M $4.1M $2.8M
2022 $3.5M $3.5M $2.9M
2020 $1.4M $1.1M $871K
2019 $808K $821K $532K

Between 2019 and 2024, reported annual revenue grew from $808K to $4.5M (+462%), with total assets most recently reported at $2.6M.

Interactive year-over-year charts and full filing details available with membership.

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