H โ€” Medical ResearchEIN: 833619272ยท Ruling Year: 2020

Research Update

Humble, Texas

B+Health Score
69B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

๐Ÿ’ฐ
$770K
Total Revenue
๐Ÿ“Š
$381K
Total Expenses
๐Ÿฆ
$1.0M
Net Assets
๐Ÿ“‹
$8K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+50.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.67
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$770,054โ†‘18%$380,853โ†‘96%$1,026,788โ†‘48%
2022$651,738โ†‘95%$193,851โ†‘15%$695,660โ†‘304%
2021$334,394$168,936$172,395

Frequently Asked Questions

What does Research Update do?โ–ผ

Research Update is a medical research nonprofit organization based in Texas. It is classified under NTEE code H90 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Research Update financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Research Update.

How much revenue does Research Update generate?โ–ผ

Research Update reports $687K in annual revenue and holds $1.1M in total assets, based on IRS filings.

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Research Update โ€” Humble, TX | GiveScope