History of Medicine Foundation

Analysis

History of Medicine Foundation is a registered charity in United States, based in Sudbury, MA. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, History of Medicine Foundation reported income of $100k and spending of $29k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $180k to $100k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 20% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, History of Medicine Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include Alaska Eagles Charity Foundation ($100k), Lucy Corr Foundation Inc ($100k) and Rotary Club of Andover Charitable TR ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.