Henry M Jackson Foundation for the Advancement of Military Medicine

Analysis

Henry M Jackson Foundation for the Advancement of Military Medicine is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover medical research, 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 September 2023, Henry M Jackson Foundation for the Advancement of Military Medicine reported income of $570.4m and spending of $558.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $495.0m to $570.4m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Henry M Jackson Foundation for the Advancement of Military Medicine sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MD. Charities of a similar size with the same main cause include Benefis Hospitals Inc ($570.1m), Innovis Health LLC ($571.6m) and St Josephs Hospital Health Center ($569.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $3.7m (0.7% of expenses). Other salaries and wages came to $185.3m. At year end it held assets of $330.1m against liabilities of $173.8m, net assets of $156.3m. It reported 2,792 employees.