BARUCH S BLUMBERG INSTITUTE Charity Report

Public IRS 990 nonprofit record

BARUCH S BLUMBERG INSTITUTE

EIN 06-1671347 · Medical Research (H400)

What they do

THE MISSION of THE BARUCH S. BLUMBERG INSTITUTE is to USE DISCOVERY SCIENCE to FIND NEW THERAPIES for VIRAL HEPATITIS and LIVER CANCER; to ADVANCE ITS RESEARCH DISCOVERIES THROUGH TRADITIONAL SCHOLARSHIP and EDUCATIONAL OPPORTUNITIES; to NURTURE BIOTECHNOLOGY and to PROMOTE PUBLIC HEALTH OUTREACH PROGRAMS to IMPROVE THE QUALITY of LIFE for THOSE AFFECTED BY VIRAL HEPATITIS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

70.45%of revenue went to mission work68.4% of expenses · Program services

0.16%of revenue went to fundraising0.2% of expenses

$103.06spent for every $100 of revenueSpending was higher than revenue this year.

32.46%of revenue went to management and office costs31.5% of expenses

$0.70in assets for every $1 spent this yearSome assets cannot be spent right away.

72.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $445,388 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $355,270 for LOUIS P KASSA MPA (CEO/SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,540,516

Mission workProgram services$10,243,39470.45% of revenue68.4% of expenses

ManagementOffice and general costs$4,719,63032.46% of revenue31.5% of expenses

FundraisingAsking for donations$22,8800.16% of revenue0.2% of expenses

Total expenses$14,985,904103.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 68.4% mission · 31.5% management · 0.2% fundraisingTotal expenses: 103.06% of revenue

2023Expense mix: 71.9% mission · 27.7% management · 0.4% fundraisingTotal expenses: 98.41% of revenue

2022Expense mix: 72.5% mission · 27.0% management · 0.5% fundraisingTotal expenses: 103.69% of revenue

2021Expense mix: 61.6% mission · 38.2% management · 0.1% fundraisingTotal expenses: 104.72% of revenue

2020Expense mix: 63.4% mission · 36.6% management · 0.0% fundraisingTotal expenses: 102.59% of revenue

2019Expense mix: 64.1% mission · 35.6% management · 0.3% fundraisingTotal expenses: 112.75% of revenue

2018Expense mix: 66.4% mission · 33.6% management · 0.0% fundraisingTotal expenses: 80.38% of revenue

2017Expense mix: 68.3% mission · 31.7% management · 0.0% fundraisingTotal expenses: 95.50% of revenue

Money in and money out

Revenue$14,540,516

Expenses$14,985,904

Annual shortfall $445,388 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,243,394 · 68.4% of expenses

Management and office costs$4,719,630 · 31.5% of expenses

Fundraising$22,880 · 0.2% of expenses

See all reported dollar amounts

Revenue$14,540,516

Expenses$14,985,904

Assets$10,531,733

Income$14,955,466

Contributions$10,565,075

Mission work (program services)$10,243,394

Fundraising$22,880

Grants given$7,318,310

Average grant$162,629

Management and general$4,719,630

Executive compensation (total)$502,327

Stocks and bonds$1,872,032

Accounting fees$28,140

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LOUIS P KASSA MPACEO/SECRETARY · 15 hrs/week $355,270Base $314,899 · Other $40,371

JU-TAO GUOPRESIDENT/SR VP FOR RESEARCH · 40 hrs/week $336,389Base $298,718 · Other $37,671

RICHARD PESTELLDISTINGUISHED PROFESSOR · 40 hrs/week $304,504Base $272,651 · Other $31,853

JINHONG CHANGVICE PRESIDENT, DRUG DEVELOPMENT · 40 hrs/week $300,105Base $277,614 · Other $22,491

YANMING DUPROFESSOR OF MEDICINAL CHEMISTRY · 40 hrs/week $272,142Base $241,967 · Other $30,175

RANDALL HYER MD PHDPRESIDENT (THRU 7/2024) · 16 hrs/week $269,665Base $238,261 · Other $31,404

BOB CHRISTMASCHIEF OPERATING OFFICER · 40 hrs/week $261,433Base $236,510 · Other $24,923

MATTHEW BURKHARDTDIRECTOR OF B. LABS · 40 hrs/week $195,508Base $182,599 · Other $12,909

CHARI COHENDIRECTOR (EFF 1/2025) · 1 hrs/week $42,163Base · Other $42,163

TIM BLOCKDIRECTOR $37,092Base $35,898 · Other $1,194

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (16)

LOUIS P KASSA MPACEO/SECRETARY

JU-TAO GUOPRESIDENT/SR VP FOR RESEARCH

RICHARD PESTELLDISTINGUISHED PROFESSOR

JINHONG CHANGVICE PRESIDENT, DRUG DEVELOPMENT

YANMING DUPROFESSOR OF MEDICINAL CHEMISTRY

RANDALL HYER MD PHDPRESIDENT (THRU 7/2024)

BOB CHRISTMASCHIEF OPERATING OFFICER

MATTHEW BURKHARDTDIRECTOR OF B. LABS

CHARI COHENDIRECTOR (EFF 1/2025)

TIM BLOCKDIRECTOR

ELIZABETH SEEBER MBA CPATREASURER

JOEL ROSEN ESQDIRECTOR

LOREN DANZIS ESQDIRECTOR

NIK HEBLE ESQDIRECTOR

THOMAS SHENK PHDDIRECTOR

TONY FORD-HUTCHINSONDIRECTOR

About this charity

Recognized since: January 2005
Location: 3805 OLD EASTON RD, DOYLESTOWN, PA 18902-8400
County: Bucks
In care of: LOUIS P KASSA III
Primary officer: LOUIS P KASSA III, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@bblumberg.org Phone(215) 489-4900

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: EISNER ADVISORY GROUP LLC
NTEE classification: Medical Research (H400)
Grant-giving organization: Yes