Lovelace Biomedical Research Institute

Albuquerque, New Mexico

A-Health Score
82A-

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 5 peers in Medical Research with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.19×
Peer Median3.10×
💰
$112.1M
Total Revenue
📊
$94.7M
Total Expenses
🏦
$207.3M
Net Assets
📋
$51.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+56.8%
Year-over-year change (2022 → 2023)
Net Margin
+15.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.19
Net assets divided by total expenses
Liabilities-to-Assets
20.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$112,131,52357%$94,680,18543%$259,201,28440%
2022$71,507,95620%$66,188,45718%$184,740,5443%
2021$89,255,62817%$80,362,7308%$189,542,16819%
2020$76,388,415304%$74,188,991258%$159,558,180154%
2019$18,927,8558%$20,698,35529%$62,787,8401%
2018$17,520,71466%$15,989,12322%$62,218,2621%
2017$10,540,04450%$20,559,8969%$61,729,2837%
2016$21,238,87524%$18,796,43830%$66,527,8861%
2015$28,017,1372%$26,878,38570%$67,034,5263%
2014$28,495,29631%$89,786,690135%$65,226,08249%
2013$41,414,09320%$38,265,59923%$127,405,4662%
2012$51,879,53811%$49,699,38012%$124,569,2329%
2011$58,300,616$44,352,653$113,814,013

Frequently Asked Questions

What does Lovelace Biomedical Research Institute do?

Lovelace Biomedical Research Institute is a medical research nonprofit organization based in New Mexico. It is classified under NTEE code H920 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lovelace Biomedical Research Institute financially healthy?

Based on our 9-metric Financial Health Score model, Lovelace Biomedical Research Institute has a score of 82/100 (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 Lovelace Biomedical Research Institute generate?

Lovelace Biomedical Research Institute reports $91.2M in annual revenue and holds $256.4M in total assets, based on IRS filings.

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