San Antonio Medical Foundation

Analysis

San Antonio Medical Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 1950, 76 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 (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, San Antonio Medical Foundation reported income of $1.6m and spending of $1.7m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 370% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, San Antonio Medical Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Milkworks a Nebraska Nonprofit Corporation ($1.6m), Sprout Therapeutic Riding and Education Center ($1.6m) and Vermonts Camp Takumta ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% of the total. Compensation of current officers, directors and key employees was $280k (17% of expenses). Other salaries and wages came to $80k. At year end it held assets of $8.6m against liabilities of $112k, net assets of $8.5m. It reported 2 employees.