The Center for Innovation in Family Medicine Inc

Analysis

The Center for Innovation in Family Medicine Inc is a registered charity in United States, based in North Reading, MA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Center for Innovation in Family Medicine Inc reported income of $126k and spending of $152k, spending 121% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $95k to $126k (+33%), an average of +33% a year. The sharpest change came in the year to September 2023, when income rose by 33%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Center for Innovation in Family Medicine Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Angel Foundation Inc ($126k), Girls on the Run of Southwest Missouri ($126k) and Brain Injury Association of Delaware ($126k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.