Medical Research (H50) IRS Verified DX Registered 990 on File

MARS RESEARCH INC

EIN: 45-0513523 · GILBERT, IA 50105-0114 · United States · FY 2023 Data

2 out of 5 30 / 100 Based on a filing without expense detail

Financial strength (30%) 43/100

Reliability (20%) 55/100

Effectiveness (25%) 23/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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CharityAI™ Score

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Financial Overview — FY 2023

$197K

Total Revenue

$238K

Total Expenses

$23K

Net Assets

N/A

Employees

Revenue Sources

Program Expense Ratio N/A

Fundraising Efficiency N/A

Operating Reserve 1.16x

Liability-to-Asset N/A

Revenue Diversification 96.2%

Compared with Peers

FY 2023

Compared with 1,004 similar organizations (United States, Medical Research, $100K–$1M in expenses), FY 2023.

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

Ratio	This org	Peer median	Position (P10 → P90)
Operating reserve Months of expenses covered by net assets · higher is better	1.2 mo	13.1 mo	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	96.2%	95.3%	P10P90	Below median
Revenue growth Year over year revenue growth	39.5%	4.8%	P10P90
Expense growth Year over year expense growth	75.6%	12.9%	P10P90
Surplus margin Surplus as a share of revenue	-20.9%	-0.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$197K	$238K	$23K	—	—
2022	$141K	$135K	$64K	—	—
2021	$246K	$115K	N/A	—	1

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Organization Details

EIN: 45-0513523
State: IA
City: GILBERT
ZIP: 50105-0114
Classification: H50
Category: Medical Research
Rating: 2★
Coverage: C
Last Updated: Aug 2026
IRS Ruling Year: 1998
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

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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