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Passes our checks

The Research Institute of the Mcgill University Health Centre

EIN 98-0031193 · Canada

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak44 out of 100GovernanceGood70 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION MISSION IS TO CARRY OUT ALL FORMS OF MEDICAL RESEARCH INCLUDING OTHER RELATED MEDICAL PROCESSES

Income
$144.4 million
Spending
$145.2 million
Spent on programs
81%
Reserves
0.4 months of spending
Largest source of income
donations and private grants, 92%
Employees
0
Highest pay
$142,796, director hr

Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 44 out of 100.

  • Reserves

    4 of 35

    Spendable reserves would cover 0.4 months of spending.

  • Debt

    2 of 20

    It owes 89% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    15 of 15

    Income rose 8% on the year before.

  • Spending floor

    15 of 15

    81% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 70 out of 100.

  • Independent board

    25 of 25

    11 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    0 of 5

    Reports that it does not keep minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending March 31, 2026, 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)
  1. $6.7 million spent. THE CENTRE FOR IINOVSATIVE MEDICINE(CIM)HOSTS & FACILITATES PEDIATRIC & ADULT CLINICAL RESEARCH STUDIES,OFFERING ACCESS TO SPECIALIZED CLINI RESEARCH STAFF & A FULL RANGE OF EQUIPMENT & SERVICES IN AN EMVIRONMEN DEDICATED TO CLINICAL RESEARCH
  2. $4.3 million spent. THE ANIMAL RESOURCE DIVISION (ARD) PROVIDES PROFESSIONAL & TECHNICAL SUPPORT TO INVESTIGATORS & STAFF. THE FACILITIES ARE FULLY COMPLIANT W THE RECOMMENDATIONS BY THE CANADIAN COUNCILL ON ANIMAL CARE (CCAC) & T FACILITY ANIMAL CARE COMMITTEE (FACC)
  3. $3.0 million spent. THE TECHNOLOGY PLATFORMS PROVIDE ACCESS TO STATE-OF-THE-ART INSTRUMENT CUTTING-EDGE TECHNIQUES & CONSULTATIVE SERVICES ON A FEE FOR SERVICE B EACH PLATFORM IS STAFFED BY DEDICATED PERSONNEL WHO OPERATE THE EQUIPM

Source: Form 990 for the year ending March 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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 November 6, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending March 2026.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1976.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.