Charity Search / CAO RESEARCH FOUNDATION INC
Medical Research (H90) 990 on File

CAO RESEARCH FOUNDATION INC

EIN: 84-3343113 · WASHINGTON, DC 20037-2761 · United States · FY 2023 Data
3 out of 5 46 / 100 Based on one year of filings
Financial strength (30%) 71/100
Reliability (20%) 45/100
Effectiveness (25%) 61/100
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
$111K
Total Revenue
$132K
Total Expenses
$-19,874
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 75.2%
Fundraising Efficiency N/A
Operating Reserve -1.81x
Liability-to-Asset 691.7%
Revenue Diversification 53.6%
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)
Program expense ratio
Program expenses / total expenses · higher is better
75.2% 86.3%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
-1.8 mo 13.1 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
691.7% 0.3%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
53.6% 95.3%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
34.7% 4.8%
P10P90
Expense growth
Year over year expense growth
23.5% 12.9%
P10P90
Surplus margin
Surplus as a share of revenue
-19.3% -0.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $111K $132K $-19,874 75.2%
2022 $82K $107K $1K
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Organization Details
EIN
84-3343113
State
DC
City
WASHINGTON
ZIP
20037-2761
Classification
H90
Category
Medical Research
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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