Foundation for Medical Excellence

Analysis

Foundation for Medical Excellence is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Medical Excellence reported income of $1.0m and spending of $1.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $1.0m (+127%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 86%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Medical Excellence sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Deep Living Lab ($1.0m), Arizona Language Preparatory ($1.0m) and Dream Schools ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $176k (15% of expenses). At year end it held assets of $3.1m against liabilities of $57k, net assets of $3.0m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.