Federation of State Medical Boards Research & Education Foundation

Analysis

Federation of State Medical Boards Research & Education Foundation is a registered charity in United States, based in Euless, TX. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 April 2023, Federation of State Medical Boards Research & Education Foundation reported income of $106k and spending of $152k, spending 143% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $108k to $106k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to April 2021, when income rose by 87%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Federation of State Medical Boards Research & Education Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Cyrus J Morris School Community ($106k), Friends of the Curry Public Library ($106k) and Friends of the Boise Public Library Inc ($106k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $4.3m against liabilities of $21k, net assets of $4.3m.