Ihme Foundation

Analysis

Ihme Foundation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in April 2019, 7 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, Ihme Foundation reported income of $74k and spending of $66k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $74k (+15%), an average of +15% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ihme Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within CO. Charities of a similar size with the same main cause include Anger Solutions Inc ($74k), Living Life Source Foundation ($74k) and Pten Hamartoma Tumor Syndrome Foundation ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.