Lankenau Institute for Medical Research
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR MISSION IS TO ADVANCE HUMAN HEALTH AND WELL BEING THROUGH RESEARCH, TO IMPROVE THE DETECTION & TREATMENT OF DISEASE, TO RAPIDLY TRANSFER NEW TECHNOLOGY TO THE CLINIC, AND TO TRAIN THE NEXT GENERATION OF SCIENTISTS & PHYSICIANS.
- Income
- $10.0 million
- Spending
- $17.7 million
- Spent on programs
- 85%
- Reserves
- -1.3 months of spending
- Largest source of income
- fees for its services, 40%
- Employees
- 114
- Volunteers
- 19
- Highest pay
- $3.3 million, ex-officio trustee
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 27 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 94% of what it owns.
Living within its means
0 of 15Spending exceeded income by 77% of income.
Income trend
10 of 15Income fell 7% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2512 of 20 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $9.9 million spent. Basic Research LIMR Basic Research focuses on the advancement of knowledge for various diseases and conditions. In conjunction with LIMR's core research programs in cancer and cardiovascular disease, LIMR investigators also study arthritis, diabetes, lupus, infectious disease, neurological disorders, gastrointestinal disease and regenerative medicine, all with the goal of improving health and well-being.
- $4.7 million spent. Clinical Research LIMR Clinical Research is conducted primarily in oncology and cardiology but also includes other diseases and disorders. This means patients and participants have access to state-of-the-art clinical trials and new treatments before they become available to the general public. This allows patients to be more active in their health care.
- $415,343 spent. New Technology / Innovations / Other LIMR has initiated a unique hybrid mix of knowledge-based academic culture with invention-based entrepreneurial culture. It is called an ACAPRENEURIAL strategy. To date, more than 15 biomedical start-up companies have incubated in LIMR side-by-side with our research laboratories.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1982.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.