National Foundation for Integrative Medicine Inc

Analysis

National Foundation for Integrative Medicine Inc is a registered charity in United States, based in Warrenton, VA. It received its IRS tax-exemption ruling in March 2017, 9 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 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, National Foundation for Integrative Medicine Inc reported income of $567k and spending of $317k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $372k to $567k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Foundation for Integrative Medicine Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Vestavia Hills City Schools Foundation ($566k), Metro Portland Housing Industry Foundation ($567k) and Universal Virtue Buddhist Charities ($566k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $147k. At year end it held assets of $565k against liabilities of $45k, net assets of $520k. It reported 11 employees.