Truman Va Medical Research Foundation

Analysis

Truman Va Medical Research Foundation is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in August 1992, 34 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 September 2023, Truman Va Medical Research Foundation reported income of $273k and spending of $235k, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $565k to $273k (-52%), an average of -17% a year. The sharpest change came in the year to September 2020, when income dropped by 48%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truman Va Medical Research Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include Pennsylvania Land Title Institute ($273k), Veterans Assistance Foundation Inc ($273k) and Community School Inc ($273k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.3% and program service revenue 90% of the total. Other salaries and wages came to $131k. At year end it held assets of $356k against liabilities of $17k, net assets of $339k. It reported 5 employees.