The Institute for Functional Medicine

Analysis

The Institute for Functional Medicine is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Institute for Functional Medicine reported income of $15.9m and spending of $17.8m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.8m to $15.9m (+7.9%), an average of +1.9% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Institute for Functional Medicine sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Lycee Francais de LA Nouvelle Orleans ($15.9m), Alpine Education Services ($15.9m) and Pan American Academy Charter School ($15.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.5m (8.3% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $11.3m against liabilities of $3.8m, net assets of $7.5m. It reported 113 employees.