I Herrmann Anesthesia Foundation Inc

Analysis

I Herrmann Anesthesia Foundation Inc is a registered charity in United States, based in Newberry, FL. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, I Herrmann Anesthesia Foundation Inc reported income of $230k and spending of $120k, leaving 48% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $221k to $230k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to September 2022, when income rose by 118%. Over the whole period it spent 43% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, I Herrmann Anesthesia Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Sertoma Club of Nashville Foundation Inc ($230k), Marthas Vineyard Donors Collaborative Inc ($230k) and Barkann Family Healing Hearts Foundation ($230k).

Compensation of current officers, directors and key employees was $6,000 (5.0% of expenses). At year end it held assets of $5.3m against liabilities of $508k, net assets of $4.8m.