Sonoma County Academic Foundation for Excellence in Medicine

Analysis

Sonoma County Academic Foundation for Excellence in Medicine is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Sonoma County Academic Foundation for Excellence in Medicine reported income of $649k and spending of $560k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $381k to $649k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sonoma County Academic Foundation for Excellence in Medicine sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Vantage Health Group ($649k), Wintergreen Property Owners Volunteer Rescue Squad Inc ($649k) and Pregnancy Care Center of Catawba Valley ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $23k (4.2% of expenses). At year end it held assets of $1.2m against liabilities of $568k, net assets of $622k. It reported 1 employees.