Capital Medical Society Foundation Inc

Analysis

Capital Medical Society Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Capital Medical Society Foundation Inc reported income of $753k and spending of $711k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $738k to $753k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Capital Medical Society Foundation Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Foundation of Orthopedics and Complex Spine Inc ($753k), Multiple Sclerosis Housing Inc ($753k) and Christian Hospital Foundation ($753k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $38k (5.4% of expenses). Other salaries and wages came to $279k. At year end it held assets of $2.5m against liabilities of $122k, net assets of $2.4m. It reported 10 employees.