Institute for Natural Medicine

Analysis

Institute for Natural Medicine is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute for Natural Medicine reported income of $633k and spending of $918k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $774k to $633k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute for Natural Medicine sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Association of Students of the University of Nebraska ($633k), Manning Community Foundation ($633k) and Acadiana Open Channel Inc ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $121k (13% of expenses). Other salaries and wages came to $186k. At year end it held assets of $764k against liabilities of $132k, net assets of $632k. It reported 6 employees.