Siouxland Medical Education Foundation Inc

Analysis

Siouxland Medical Education Foundation Inc is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover health care, 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 June 2024, Siouxland Medical Education Foundation Inc reported income of $1.1m and spending of $1.0m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $7.4m to $1.1m (-85%), an average of -31% a year. The sharpest change came in the year to June 2024, when income dropped by 83%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Siouxland Medical Education Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include Florida Heart Research Foundation Inc ($1.1m), Highlands Health - Laurel Highlands Free and Charitable Medical Clinic ($1.1m) and Resource Center for Pregnancy and Personal Health ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 11% of the total. At year end it held assets of $2.0m against liabilities of $324k, net assets of $1.6m. It reported 65 employees.