The Aurum Institute Npc
80% goes to programs $0 to raise $100 Growing revenue
The Aurum Institute Npc is a 501(c)(3) organization, registered in 2024, with $92,135,264 in FY2024 revenue. CharityIndex grades it B+, and it directs about 80% of spending to programs.
Johannesburg Gauteng 1600, South Africa, 00000 EIN 98-1734030 Since 2024
Revenue (FY2024)
$92.1M
▲ 22.5% vs prior year
Health median: $840K
Expenses (FY2024)
$94.8M
Net assets
$11.5M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating80% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Aurum Institute Npc: 80% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Aurum Institute Npc: 1 mo reserves · -3% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Aurum Institute Npc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Aurum Institute Npc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Advancing health science and innovation, creating a healthier world for future generations.
Contact & location
- Address
- Johannesburg Gauteng 1600, South Africa, 00000
- City
- —
- State
- —
- Category
- Health Care
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue grew from $75.2M (FY2023) to $92.1M (FY2024) across 2 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $31.0MNet assets $11.5M
Operating margin
-2.9%
Spent more than it raised in the latest fiscal year.
Total assets
$42.5M
Total liabilities
$31.0M
Net assets
$11.5M
Salaries & benefits
$51.5M
54% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $92,135,264▲22.5% | $94,766,454▲20.4% | $11,504,457▲13.1% | $42,477,837▲2.0% | 990 |
| 2023 | $75,234,283 | $78,687,294 | $10,176,119 | $41,657,198 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Dr Akinlolu Oluwafemi Fasanmi — $532,813 (0.56% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Akinlolu Oluwafemi Fasanmi | Sr Clinical Data Manager | 40 | $532,813 |
| Gavin Churchyard | Chief Executive Officer | 40 | $411,435 |
| La Chenna Cromer | Dir. New Prog & Innovation | 40 | $295,912 |
| Dr David Alan Clark | Group Chief Operating Officer | 40 | $245,593 |
| Salome Charalambous | Group Global Health Officer | 40 | $240,492 |
| Arshad Hassim | Chief Financial Officer | 40 | $218,219 |
| Vinodh Aroon Edward | Chief Executive Officer Sa | 40 | $216,260 |
| Dr Jeremia Majaheni Gule | Board Chair | 2 | $25,997 |
| Paula Maria Fray | Board Director | 1 | $14,223 |
| Nigel William Unwin | Board Director | 1 | $12,136 |
| Xoli Sarah Luthuli | Board Director | 1 | $10,245 |
| Gary Robert Tamblyn | Board Director | 1 | $9,922 |
| Alex Boama Darko | Board Director | 1 | $7,577 |
| Dr Yaw Oppong Peprah | Board Director | 1 | $7,577 |
| Dr Maria Angelica Salomao | Board Director | 1 | $5,931 |
| Dr Letticia Moja | Board Director | 1 | $5,492 |
| Adv Louisa Barbara Zondo | Board Director | 1 | $4,818 |
| Pontiano Nakugoba Kaleebu | Board Director | 1 | $3,202 |
| Dr Robert Wallis | Chief Scientific Officer | 10 | — |
Frequently asked questions
- Is The Aurum Institute Npc a legitimate nonprofit?
- Yes. The Aurum Institute Npc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-1734030.
- What is The Aurum Institute Npc's EIN?
- The Aurum Institute Npc's Employer Identification Number (EIN) is 98-1734030.
- How much revenue does The Aurum Institute Npc report?
- The Aurum Institute Npc reported $92,135,264 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Aurum Institute Npc's spending goes to programs?
- The Aurum Institute Npc spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Aurum Institute Npc have?
- CharityIndex grades The Aurum Institute Npc B+, based on program efficiency and fundraising cost.
- How much does The Aurum Institute Npc's highest-paid employee make?
- The highest reported compensation on The Aurum Institute Npc's latest Form 990 is $532,813, paid to Dr Akinlolu Oluwafemi Fasanmi (Sr Clinical Data Manager).
Explore more
Data for The Aurum Institute Npc (EIN 98-1734030) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.