Foundation for Anesthesia Education and Research

Analysis

Foundation for Anesthesia Education and Research is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation for Anesthesia Education and Research reported income of $4.2m and spending of $5.8m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.2m (+11%), an average of +2.6% a year. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Anesthesia Education and Research sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Colorado Community Health Network Inc ($4.2m), Creating Alternatives Together Inc ($4.2m) and Panhandle Home Health Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $284k (4.9% of expenses). Other salaries and wages came to $471k. At year end it held assets of $31.1m against liabilities of $3.2m, net assets of $27.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.