Tedmed Foundation

Analysis

Tedmed Foundation is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover medical research, 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, Tedmed Foundation reported income of $108k and spending of $1.2m, spending 1117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $3.2m to $108k (-97%), an average of -49% a year. The sharpest change came in the year to December 2020, when income rose by 352%. Over the whole period it spent 238% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tedmed Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include United States Association for Body Psychotherapy ($108k), Deh Abroad Village Incorporated ($108k) and Va Council on Problem Gambling ($108k).

At year end it held assets of $63.9m against liabilities of $7,680, net assets of $63.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.