Foundation for Care Management

Analysis

Foundation for Care Management is a registered charity in United States, based in N Salt Lake, UT. It received its IRS tax-exemption ruling in April 1996, 30 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, Foundation for Care Management reported income of $60k and spending of $50k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $239k to $60k (-75%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation for Care Management sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within UT. Charities of a similar size with the same main cause include Living Well Foundation ($60k), Island Medical Assistance Society Corp of Ny ($60k) and Bacon County Hospital Foundation Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19k against liabilities of $2,059, net assets of $17k.