W C Heiam Medical Foundation

Analysis

W C Heiam Medical Foundation is a registered charity in United States, based in Cook, MN. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover mental health and crisis intervention, 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, W C Heiam Medical Foundation reported income of $440k and spending of $52k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $440k (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 38% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, W C Heiam Medical Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Central Iowa Trauma and Recovery CE Nter ($440k), Highlands Foundation Inc ($440k) and Western Trauma Association ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.