California · Nonprofit
LAUNCHBIO INC
LAUNCHBIO INC (California) receives grants from 6 organizations whose IRS filings report $266,500 to it, the largest being RICHARD KING MELLON FOUNDATION ($165,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $408k
- Funders on record
- 6
- Grants received
- $267k
- Net assets
- $155k
What Launchbio Inc does
Mission
Launchbio, inc. Is a nonprofit organization dedicated to identifying, advising, and supporting high-growth, high-impact life science and biotechnology companies. Its mission is to build a national ecosystem of innovation that advances human health and well-being by connecting biotech entrepreneurs with capital, expertise, and strategic partners.
As stated on its FY2025 Form 990.
Program
Launchbio delivers programs designed to accelerate the growth and funding readiness of early and growth-stage life science companies across the united states.
$578,703 spent$37,828 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $578,703.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $500k to $176k (−65%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 10% · 2019 4% · 2020 4% · 2023 31% · 2024 44%. Grants only. Government contracts and fees sit inside program revenue.
91% of LAUNCHBIO INC’s revenue is contributions — more donation-reliant than the typical peer (79% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Michael Hostetler
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $30k → $19k.
3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LAUNCHBIO INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LAUNCHBIO INC leans on a few funders — its largest provides 62% of grant income and the top three 83%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
38% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LAUNCHBIO INC.
Largest funder’s share by year: 2019 67% · 2020 100% · 2021 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
LAUNCHBIO INC draws 100% of its grant income from funders outside California, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $74k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LAUNCHBIO INC's revenue fell 45% between 2017 and 2025.
this organization peer median middle 50% of peers· 493 science & tech nonprofits $100k–$1M, FY2025
Government funding LAUNCHBIO INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $750k on record.
- Department of Commerce$750k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LAUNCHBIO INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
64%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LAUNCHBIO INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LAUNCHBIO INC?
- LAUNCHBIO INC (California) receives grants from 6 organizations whose IRS filings report $266,500 to it, the largest being RICHARD KING MELLON FOUNDATION ($165,000). 1 of them have funded it in more than one year.
- How many funders does LAUNCHBIO INC have?
- IRS filings report 6 organizations giving $266,500 in grants to LAUNCHBIO INC, 1 of which have funded it in more than one year.
- Who is the largest funder of LAUNCHBIO INC?
- RICHARD KING MELLON FOUNDATION is the largest funder on record, with $165,000 in grants. The full list of funders is on this page.
- How can an organization like LAUNCHBIO INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Launchbio →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing