Narrows Institute Of Biomedical Research Inc

Organization Overview

Narrows Institute Of Biomedical Research Inc is located in Brooklyn, NY. The organization was established in 1991. According to its NTEE Classification (H92) the organization is classified as: Biomedicine & Bioengineering Research, under the broad grouping of Medical Research and related organizations. As of 09/2023, Narrows Institute Of Biomedical Research Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Narrows Institute Of Biomedical Research Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2023, Narrows Institute Of Biomedical Research Inc generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $3.7m during the year ending 09/2023. While expenses have increased by 16.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS ESTABLISHED TO FACILITATE MEDICAL RESEARCH FOR THE DEPARTMENT OF VETERANS AFFAIRS AND CONDUCT MORE EFFECTIVELY THE PRIMARY FUNCTIONS OF THE VETERAN HEALTH SERVICE AND RESEARCH ADMINISTRATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS ENGAGED IN MEDICAL RESEARCH TO DISCOVER, DEVELOP OR VERIFY KNOWLEDGE RELATED TO CAUSES, DIAGNOSIS, TREATMENT, OR PREVENTION OF PHYSICAL DISEASES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,794,258
Investment income $108
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,794,366

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