The Institute For Functional Medicine
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,807,169 | 3,750,497 | 56,672 | 1.6 | 28% |
| 2012 | 4,442,500 | 4,076,516 | 365,984 | 2.6 | 30% |
| 2013 | 5,047,032 | 4,873,221 | 173,811 | 2.6 | 32% |
| 2014 | 6,728,195 | 5,856,867 | 871,328 | 3.9 | 32% |
| 2015 | 9,678,190 | 7,888,390 | 1,789,800 | 5.6 | 32% |
| 2016 | 11,250,000 | 10,217,728 | 1,032,272 | 5.6 | 34% |
| 2017 | 16,513,909 | 13,123,543 | 3,390,366 | 7.4 | 29% |
| 2018 | 15,788,367 | 14,372,429 | 1,415,938 | 8.0 | 31% |
| 2019 | 14,778,699 | 14,785,643 | −6,944 | 7.7 | 35% |
| 2020 | 14,449,454 | 13,249,795 | 1,199,659 | 9.7 | 9% |
| 2021 | 15,787,769 | 15,500,827 | 286,942 | 8.5 | 47% |
| 2022 | 14,197,478 | 16,263,194 | −2,065,716 | 6.6 | 55% |
| 2023 | 15,940,524 | 17,771,857 | −1,831,333 | 5.1 | 52% |
In its most recent public year (2023), this organization spent $1,831,333 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 1.6 in 2011. Staff pay was 52% of spending. $358,193 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Institute For Functional Medicine's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works