Medical Research (H900) IRS Verified DX Registered 990 on File

TRUDEAU INSTITUTE INC

EIN: 14-1401413 · SARANAC LAKE, NY 12983-2100 · United States · FY 2024 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 92/100

Reliability (20%) 55/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Carrying forward the mission of Dr. E.L. Trudeau’s Saranac Laboratory established in 1884, Trudeau Institute is now an independent biomedical research organization dedicated to the study of immune responses to diseases including tuberculosis, influenza, coronavirus, antibiotic-resistant pathogens, and other emerging pathogens The Institute also advances the development of vaccines, therapeutics, and strategies to mitigate risks to human health.

Financial Overview — FY 2024

$8.2M

Total Revenue

$10.3M

Total Expenses

$18.8M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.0%

Fundraising Efficiency N/A

Operating Reserve 21.84x

Liability-to-Asset 4.6%

Revenue Diversification 77.3%

Executive Compensation $376K

Compared with Peers

FY 2024

Compared with 98 similar organizations (United States, Medical Research, $10M–$100M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	88.0%	82.0%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	10.4%	12.7%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.6%	0.7%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	21.8 mo	14.5 mo	P10P90	Above median
Liabilities to assets Total liabilities / total assets · lower is better	4.6%	21.3%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	77.3%	90.8%	P10P90	Above median
Revenue growth Year over year revenue growth	15.5%	9.6%	P10P90
Expense growth Year over year expense growth	1.9%	7.8%	P10P90
Surplus margin Surplus as a share of revenue	-25.4%	-1.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$8.2M	$10.3M	$18.8M	88.0%	89
2023	$7.1M	$10.1M	$20.8M	84.8%	82
2022	$6.0M	$11.1M	$24.3M	83.7%	92
2021	$8.4M	$10.2M	N/A	—	87

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Organization Details

EIN: 14-1401413
State: NY
City: SARANAC LAKE
ZIP: 12983-2100
Classification: H900
Category: Medical Research
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1884
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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