Tempus Unlimited Inc

Analysis

Tempus Unlimited Inc is a registered charity in United States, based in Stoughton, MA. It received its IRS tax-exemption ruling in April 1959, 67 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2023, Tempus Unlimited Inc reported income of $1.99bn and spending of $1.98bn, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $546.1m to $1.99bn (+265%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 82%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tempus Unlimited Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MA. Charities of a similar size with the same main cause include Rhode Island Hospital ($1.98bn), Sutter Valley Medical Foundation ($2.01bn) and Mary Hitchcock Memorial Hospital ($1.98bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $749k (0.0% of expenses). Other salaries and wages came to $23.1m. At year end it held assets of $227.3m against liabilities of $187.3m, net assets of $40.0m. It reported 613 employees.