Sharpe-Strumia Research Foundation of the Bryn Mawr Hospital

Analysis

Sharpe-Strumia Research Foundation of the Bryn Mawr Hospital is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in November 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sharpe-Strumia Research Foundation of the Bryn Mawr Hospital reported income of $997k and spending of $935k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $699k to $997k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sharpe-Strumia Research Foundation of the Bryn Mawr Hospital sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Medical Air Inc ($997k), Orange County Rape Crisis Center ($997k) and Fos Feminista Fund ($997k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $85k (9.1% of expenses). At year end it held assets of $22.5m against liabilities of $252k, net assets of $22.2m.