Boston VA Research Institute
Boston VA Research Institute reported $15.9 million in revenue and $14.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $82.35 went to program services, $17.65 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 79.7% of the total. Government grants made up 76.2%. The highest compensation it reported for one person was $257,899 (SR DIRECTOR OF PRECISION MEDICINE). 17 people received more than $100,000 in reportable compensation. Revenue rose 26% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.4% | 83.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.6% | 12.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.1% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 79.7% | 72.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 76.2% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 14.8% | 5.8% |
| Highest reported compensation Part VII-A, columns D–F | $257,899 | $628,890 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.73% | 1.94% |
| People paid over $100,000 Part VII, line 2 | 17 | 18 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 12 | 93.8% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseBasic research: in 2025, bvari facilitated 16 basic research projects that explored various areas of health, including oncology, alzheimer's disease, sleep, and vision
Clinical research: in 2025, bvari administered 71 clinical research projects focused on improving the health and healthcare of veterans, including 20 data science and epidemiologic studies
Education: in 2025, bvari supported 11 educational events and programs that enhanced the skills of healthcare professionals and trainees who care for veterans, including coordinating and facilitating attendance at lectures, trainings, and conferences
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SR DIRECTOR OF PRECISION MEDICINE Highest compensated employee, 40.00 hrs/week | $214,313 | $0 | $43,586 | $257,899 |
| CEO Officer, 40.00 hrs/week | $236,495 | $0 | $10,491 | $246,986 |
| DIRECTOR OF HR & OPERATIONS Highest compensated employee, 40.00 hrs/week | $180,407 | $0 | $42,973 | $223,380 |
| SENIOR RESEARCH SCIENTIST Highest compensated employee, 30.00 hrs/week | $157,357 | $0 | $40,856 | $198,213 |
| DIRECTOR OF RESEARCH ADMINISTRATION Highest compensated employee, 40.00 hrs/week | $155,488 | $0 | $40,500 | $195,988 |
| CFO Officer, 40.00 hrs/week | $165,563 | $0 | $13,400 | $178,963 |
| RESEARCH SCIENTIST Highest compensated employee, 40.00 hrs/week | $168,353 | $0 | $0 | $168,353 |
17 people received more than $100,000 in reportable compensation from Boston VA Research Institute (Part VII, line 2). Compensation of current officers, directors and key employees totaled $436K (Part IX, line 5).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 585
- Volunteers Part I, line 612
Correct a figure or respond
Every number above is copied from Boston VA Research Institute's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Boston VA Research Institute, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Boston VA Research Institute spent in FY2025, $82.35 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Clayton Foundation For ResearchHouston, TX · revenue $15M · programs 82.9% · 2024
- Superior Health Quality AllianceMadison, WI · revenue $16M · programs 89.9% · 2024
- MEDICINES360San Francisco, CA · revenue $15M · programs 71.6% · 2024
- American Thrombosis and Hemostasis NetworkHickory, NC · revenue $16M · programs 82.4% · 2024
- Dolphins Cycling ChallengeMiami Gardens, FL · revenue $15M · programs 97.0% · 2024
All medical research charities · Largest charities in Massachusetts
Questions people ask
How much of Boston VA Research Institute's spending goes to programs?
In the fiscal year ending September 30, 2025, Boston VA Research Institute reported that 82.4% of its $14.9 million in expenses went to program services, 17.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Boston VA Research Institute pay its top executive?
The largest total compensation Boston VA Research Institute reported for one person in the fiscal year ending September 30, 2025 was $257,899, for the role of SR DIRECTOR OF PRECISION MEDICINE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Boston VA Research Institute get its money?
Of $15.9 million in revenue in the fiscal year ending September 30, 2025, 79.7% came from contributions and grants (including 76.2% from government grants) and 14.8% from program service revenue (Form 990, Part VIII).
Is Boston VA Research Institute a registered charity?
The IRS lists EIN 04-3081524 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202601499349300420 · read the filing · XML
- FY2024 (9 mo.): Form 990 for the 9-month short period ending September 30, 2024, object 202531269349300413 · read the filing
- 2023: Form 990 for calendar year 2023, object 202422059349301377 · read the filing
- 2022: Form 990 for calendar year 2022, object 202341919349301019 · read the filing
- 2021: Form 990 for calendar year 2021, object 202201329349301710 · read the filing
- 2020: Form 990 for calendar year 2020, object 202101329349301965 · read the filing
- 2019: Form 990 for calendar year 2019, object 202011399349301511 · read the filing
All filings for EIN 04-3081524: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.