Obsidian Institute of Integrative Medicine

Analysis

Obsidian Institute of Integrative Medicine is a registered charity in United States, based in Harvey, IL. It received its IRS tax-exemption ruling in August 1989, 37 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, Obsidian Institute of Integrative Medicine reported income of $283k and spending of $253k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $9,034 to $283k (+3034%), an average of +460% a year. The sharpest change came in the year to December 2022, when income rose by 661%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Obsidian Institute of Integrative Medicine sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($283k), Missionaries of the Kingship of Christ ($283k) and Road Runners Club of America ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $71k (28% of expenses). Other salaries and wages came to $148k. At year end it held assets of $30k against liabilities of $0, net assets of $30k. It reported 8 employees.