Van Andel Research Institute
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 17 peers in Medical Research with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $340,011,886↑136% | $112,044,445↓1% | $197,193,153↓10% | — |
| 2022 | $143,778,282↑52% | $113,718,338↑16% | $219,998,295↓13% | — |
| 2021 | $94,830,916↑7% | $98,445,391↑4% | $253,165,469↓13% | — |
| 2020 | $88,891,678↑3% | $94,429,770↓5% | $289,629,145↑6% | — |
| 2019 | $86,360,028 | $99,641,728↑16% | $274,298,502↑19% | — |
| 2018 | $86,468,883↑4% | $86,205,648↑14% | $229,968,935↓7% | — |
| 2017 | $83,066,841↑40% | $75,551,666↑4% | $247,321,206 | — |
| 2016 | $59,508,889↓9% | $72,643,256↑5% | $247,782,645↓1% | — |
| 2015 | $65,448,267↓13% | $69,140,666↑4% | $250,842,142 | — |
| 2014 | $75,055,982↑20% | $66,574,767↓2% | $251,725,432↑12% | — |
| 2013 | $62,599,329↓11% | $68,033,791↓1% | $224,789,773↓16% | — |
| 2012 | $70,043,777↑10% | $68,557,809↑5% | $267,685,668↓1% | — |
| 2011 | $63,688,840 | $65,553,404 | $270,167,888 | — |
Frequently Asked Questions
What does Van Andel Research Institute do?▼
Van Andel Research Institute is a medical research nonprofit organization based in Michigan. It is classified under NTEE code H300 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Van Andel Research Institute financially healthy?▼
Based on our 9-metric Financial Health Score model, Van Andel Research Institute has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Van Andel Research Institute generate?▼
Van Andel Research Institute reports $112.7M in annual revenue and holds $190.5M in total assets, based on IRS filings.
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