Charity Search / OPENBIOME FOUNDATION INC
Medical Research (H70) 990 on File

OPENBIOME FOUNDATION INC

EIN: 46-1681862 · WESTPORT, MA 02790-0701 · United States · FY 2024 Data
3 out of 5 55 / 100 Based on 2+ years of filings
Financial strength (30%) 78/100
Reliability (20%) 50/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$2.2M
Total Revenue
$3.4M
Total Expenses
$7.6M
Net Assets
26
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.6%
Fundraising Efficiency N/A
Operating Reserve 27.08x
Liability-to-Asset 14.6%
Revenue Diversification 81.1%
Executive Compensation $697K
Compared with Peers
FY 2024
Compared with 332 similar organizations (United States, Medical Research, $1M–$10M 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
80.6% 83.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
19.5% 10.7%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 2.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
27.1 mo 12.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
14.6% 10.1%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
81.1% 90.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
-50.0% 12.5%
P10P90
Expense growth
Year over year expense growth
-4.1% 11.1%
P10P90
Surplus margin
Surplus as a share of revenue
-53.7% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.2M $3.4M $7.6M 80.6% 26
2023 $4.4M $3.5M $8.7M 66.3% 23
2022 $2.1M $3.5M $7.8M 73.2% 27
2021 $6.3M $3.2M N/A 69
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Organization Details
EIN
46-1681862
State
MA
City
WESTPORT
ZIP
02790-0701
Classification
H70
Category
Medical Research
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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