The Foundation for Post-Acute and Long-Term Care Medicine

Analysis

The Foundation for Post-Acute and Long-Term Care Medicine is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, The Foundation for Post-Acute and Long-Term Care Medicine reported income of $562k and spending of $433k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $562k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Foundation for Post-Acute and Long-Term Care Medicine sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Hoyt Library ($562k), Bridgeland High School Band Boosters ($562k) and Artwell Collaborative Inc ($562k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $96k (22% of expenses). Other salaries and wages came to $58k. At year end it held assets of $876k against liabilities of $99k, net assets of $777k.