The Foundation for Gender-Specific Medicine Inc

Analysis

The Foundation for Gender-Specific Medicine Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2007, 19 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, The Foundation for Gender-Specific Medicine Inc reported income of $701k and spending of $873k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $827k to $701k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Foundation for Gender-Specific Medicine Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include New Hope Outreach Incorporated ($701k), Bidada International Foundation ($701k) and Hers Breast Cancer Foundation ($700k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $208k (24% of expenses). Other salaries and wages came to $108k. At year end it held assets of $665k against liabilities of $153k, net assets of $511k. It reported 3 employees.