Saint Barthelemy Medical Equipment Foundation Inc

Analysis

Saint Barthelemy Medical Equipment Foundation Inc is a registered charity in United States, based in Newport, RI. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover health care, 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 August 2023, Saint Barthelemy Medical Equipment Foundation Inc reported income of $130k and spending of $46k, leaving 65% of income unspent that year. Across the 2 years on record, from August 2021 to August 2023, income fell from $1.0m to $130k (-87%), an average of -88% a year. The sharpest change came in the year to August 2023, when income dropped by 87%. Over the whole period it spent 47% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Barthelemy Medical Equipment Foundation Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within RI. Charities of a similar size with the same main cause include Wings of Promise Inc ($130k), South Carolina Association of Neurological Surgeons Inc ($130k) and The Aphasia Recovery Connection Inc ($130k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.