Timberville Medical Foundation

Analysis

Timberville Medical Foundation is a registered charity in United States, based in Broadway, VA. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Timberville Medical Foundation reported income of $646k and spending of $640k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $447k to $646k (+45%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Timberville Medical Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Family Services Foundation ($646k), Partners for Children South LA ($646k) and New Legacy Home for Women ($645k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Other salaries and wages came to $426k. At year end it held assets of $331k against liabilities of $5,619, net assets of $326k. It reported 28 employees.