Hinri Labs Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HINRI IS A VENTURE PHILANTHROPY WITH A MISSION OF BRINGING SERVANT LEADERSHIP, COMPASSION AND INNOVATION TO BEAR IN SOLVING THE WORLD'S MOST DIFFICULT HEALTH CHALLENGES.
- Income
- $371,810
- Spending
- $377,055
- Spent on programs
- 58%
- Reserves
- 4.7 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 71 out of 100. Higher than 27% of charities in its peer group (medical research, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 4.7 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 59% on the year before.
Spending floor
8 of 1558% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 47% of charities in its peer group (medical research, $250k to $1m).
Independent board
25 of 2511 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed 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 December 31, 2024, 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 (1)
- $217,045 spent. THE GOALS FOR OUR "REVERSING PARALYSIS" CAMPAIGN WAS TO ACCELERATE NEW CURES FOR COMPLETE SPINAL CORD INJURIES AND CHANGE THE STANDARD OF CARE FOR COMPLETE INJURIES. THANKS TO OUR DONORS' SUPPORT, WE ARE MAKING GOOD PROGRESS. OUR PRIMARY FOCUS HAS BEEN THE SPONSORSHIP OF A CLINICAL STUDY UNDER DR. REGGIE EDGERTON AT UCLA, A PIONEER IN TREATING SPINAL CORD INJURY PATIENTS WITH ELECTRICAL STIMULATION. IN THEIR FIRST TEST OF EFFICACY OF THEIR NON-INVASIVE TRANSCUTANEOUS NEUROMODULATION TECHNIQUE, 5/5 SUBJECTS REGAINED VOLUNTARY LOCOMOTOR-LIKE RHYTHMIC MOVEMENT OF THE LOWER LIMBS AND SIGNIFICANT GAINS IN SENSORY FUNCTION. OF THE SIX PATIENTS IN THE CLINICAL STUDY THAT WE HAVE SUPPORTED, 5 HAVE ALREADY MOVED FROM AIS A (NO MOVEMENT OR SENSATION BELOW THE INJURY) TO AIS C (SOME MOVEMENT AND SENSATION). HOW DOES THIS SUCCESS RATE COMPARE? NUMEROUS REVIEWS HAVE BEEN PUBLISHED IN EFFORTS TO DEFINE THE PERCENTAGE OF SUBJECTS WITH A SEVERE SPINAL INJURY (AIS A, SENSORY AND MOTOR COMPLETE) WHO THEN ADVANCE TO HIGHER DIAGNOSTIC LEVELS, REFLECTING GAINS IN SENSORY AND MOTOR FUNCTION. IN ONE OF THE MOST RECENT REVIEWS OF THE LITERATURE, CONVERSIONS OF AIS A PATIENTS TO A HIGHER AIS LEVEL OCCURRED AT A FREQUENCY RANGING BETWEEN APPROXIMATELY 14% TO 20%. DR. EDGERTON'S SUCCESS RATE IS GREATER THAN 80% IN REACHING A DIAGNOSIS OF AT LEAST AIS C. DR. EDGERTON'S DEVICE IS EXPECTED TO RECEIVE FDA APPROVAL EARLY NEXT YEAR. IF APPROVED, WE BELIEVE THIS WILL PAVE THE WAY FOR CHANGING THE STANDARD OF CARE BECAUSE WE WILL HAVE DEMONSTRATED THAT EVEN CHRONICALLY, COMPLETELY PARALYZED INDIVIDUALS CAN RECOVER SOME FUNCTION.
Source: Form 990 for the year ending December 31, 2024, 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 October 13, 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 October 13, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.