The Walter E Boehm Birth Defects Center Inc

Analysis

The Walter E Boehm Birth Defects Center Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 1976, 50 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Walter E Boehm Birth Defects Center Inc reported income of $164k and spending of $307k, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $182k to $164k (-9.8%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Walter E Boehm Birth Defects Center Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Capital City Mens Chorus Inc ($164k), Deerfield High School Booster Club ($164k) and Florida Counties Foundation Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $57k (19% of expenses). Other salaries and wages came to $171k. At year end it held assets of $568k against liabilities of $204k, net assets of $363k. It reported 3 employees.