Truman Medical Center Charitable Foundation

Analysis

Truman Medical Center Charitable Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 1980, 46 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Truman Medical Center Charitable Foundation reported income of $2.3m and spending of $5.4m, spending 229% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.0m to $2.3m (-82%), an average of -35% a year. The sharpest change came in the year to June 2021, when income rose by 99%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Truman Medical Center Charitable Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include Center for Life Solutions Inc ($2.3m), National Board of Podiatric Medical Examiners Inc ($2.3m) and Society for Imaging Informatics in Medicine-Siim ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $471k (8.8% of expenses). Other salaries and wages came to $199k. It paid $150k in professional fundraising fees. At year end it held assets of $13.3m against liabilities of $1.3m, net assets of $12.0m. It reported 8 employees.