World Medicine Institute

Analysis

World Medicine Institute is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, World Medicine Institute reported income of $77k and spending of $245k, spending 317% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $91k to $77k (-15%), an average of -3.8% a year. The sharpest change came in the year to June 2020, when income rose by 74%. Over the whole period it spent 402% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, World Medicine Institute sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within HI. Charities of a similar size with the same main cause include Heartland Academy Denver ($77k), Randolph Ffa Alumni Association ($77k) and Tesfa Foundation ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $13k against liabilities of $409k, net assets of -$396k.

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.