Society for Thermal Medicine

Analysis

Society for Thermal Medicine is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in February 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for Thermal Medicine reported income of $143k and spending of $180k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $143k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Thermal Medicine sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Helping Hands and Horses Inc ($143k), Haynes House of Hope Inc ($143k) and Alternative Treatment & Rehabilitation Services Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 93% of the total. At year end it held assets of $235k against liabilities of $69k, net assets of $166k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.