Williamson Medical Foundation Inc

Analysis

Williamson Medical Foundation Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover health care, 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, Williamson Medical Foundation Inc reported income of $5.8m and spending of $642k, leaving 89% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $5.8m (+229%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 562%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Williamson Medical Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Growth Opportunity Center Inc ($5.8m), St Joachim House Inc ($5.8m) and Lee County Cooperative Clinic ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $10.3m against liabilities of $127k, net assets of $10.2m.