GATES MEDICAL RESEARCH INSTITUTE

CAMBRIDGE, MA, 02139-1562 (857) 702-2108 Est. 2017 EIN 82-1808476

E05 - Research Institutes & Public Policy Analysis 990 - Public charity return 501(c)(3)

www.gatesmri.org

Mission

THE GATES MRI ENGAGES DIRECTLY IN THE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH ONE OR MORE HOSPITALS FOR THE PURPOSE OF ADDRESSING MAJOR CAUSES OF ILLNESS AND DEATH IN LOW-AND LOWER-MIDDLE-INCOME COUNTRIES.

Financials

Total Revenue

$132,834,027

Total Expenses

$341,131,798

Net Assets

$546,705,677

175 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

19.2 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 83.6%

Expenses ↑ 79.9%

Revenue Sources

Contributions 99.3% Investment 0.6%

Expense Breakdown

Program 94.8% Management 5.2%

Officers & Key Employees (17)

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Grants Received (11)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$132,834,027 ↓	$341,131,798	$546,705,677
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$809,459,647 ↑	$189,613,154	$755,003,448
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$12,321,803 ↓	$137,217,184	$135,156,955
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$32,100,737 ↑	$99,371,314	$148,429,825
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$9,807,864 ↓	$41,227,552	$215,700,402
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$9,822,484	$22,373,638	$247,120,090