Institute of Poetic Medicine

Analysis

Institute of Poetic Medicine is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in October 2005, 21 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 December 2023, Institute of Poetic Medicine reported income of $246k and spending of $190k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $246k (+21%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute of Poetic Medicine sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Boone County Cancer Society Inc ($246k), Institute for Health and Productivity Management ($246k) and Black River Education and Wellness Foundation ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $44k (23% of expenses). At year end it held assets of $81k against liabilities of $5,704, net assets of $75k. It reported 1 employees.