Medical Research
(H81)
IRS Verified
DX Registered
990 on File
NOVUS HEALTH INC
Financial strength (30%)
62/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$15.3M
Total Revenue
$17.3M
Total Expenses
$9.4M
Net Assets
34
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.4%
Fundraising Efficiency
N/A
Operating Reserve
6.54x
Liability-to-Asset
45.8%
Revenue Diversification
97.8%
Executive Compensation
$527K
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
|
95.4% | 82.0% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.6% | 12.7% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.5 mo | 14.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
45.8% | 21.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.8% | 90.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
3.4% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
11.6% | 7.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-12.8% | -1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $15.3M | $17.3M | $9.4M | 95.4% | 34 |
| 2023 | $14.8M | $15.5M | $11.4M | 95.7% | 35 |
| 2022 | $13.3M | $12.9M | $12.0M | 93.7% | 33 |
| 2021 | $18.1M | $14.1M | N/A | — | 17 |
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