Institute For Natural Medicine
Institute For Natural Medicine experiences recent operating deficits despite significant asset growth.
EIN: 20464611 · Seattle, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $918K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $632K |
| Transparency Score | 70/100 |
Is Institute For Natural Medicine Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Institute For Natural Medicine directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Institute For Natural Medicine
Institute For Natural Medicine (EIN: 20464611) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $1.0M and total assets of $836K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Institute For Natural Medicine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Institute For Natural Medicine is a mid-size nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 21.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $633K |
| Total Expenses | $918K |
| Surplus / Deficit | $-285,419 |
| Total Assets | $764K |
| Total Liabilities | $132K |
| Net Assets | $632K |
| Operating Margin | -45.1% |
| Debt-to-Asset Ratio | 17.3% |
| Months of Reserves | 10.0 months |
Financial Health Grade: B
In 2023, Institute For Natural Medicine reported a deficit of $285K with expenses exceeding revenue, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 17.3% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Institute For Natural Medicine's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.8% | -13.9% | +55.3% |
| 2022 | -10.3% | +12.4% | -14.2% |
| 2021 | -0.7% | +13.6% | +15.4% |
| 2020 | +27.3% | +9.7% | +38.7% |
| 2019 | +20.3% | +23.3% | +15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Institute For Natural Medicine with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Institute For Natural Medicine allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $285K, with expenses exceeding revenue.
- Debt-to-asset ratio: 17.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that officers are either uncompensated or compensated through mechanisms not categorized as 'officer compensation' on the 990, which is unusual for an organization of its size with over $1 million in revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Institute For Natural Medicine's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023 and 2022 filings)
- Unexplained 0% officer compensation for an organization with over $1 million in revenue
Strengths
The following positive indicators were identified for Institute For Natural Medicine:
- Significant growth in revenue and assets over the past decade (revenue from $134,548 in 2015 to $1,038,452 latest; assets from $107,356 to $836,395)
- Consistent filing of IRS Form 990s, indicating transparency
- Accumulated substantial assets ($836,395) providing a financial cushion
Frequently Asked Questions about Institute For Natural Medicine
Is Institute For Natural Medicine a legitimate charity?
Institute For Natural Medicine (EIN: 20464611) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 70/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Institute For Natural Medicine spend its money?
Institute For Natural Medicine directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Institute For Natural Medicine tax-deductible?
Institute For Natural Medicine is registered as a tax-exempt nonprofit (EIN: 20464611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Institute For Natural Medicine CEO make?
Institute For Natural Medicine's highest-compensated officer earns $1 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Institute For Natural Medicine's spending goes to programs?
Institute For Natural Medicine directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Institute For Natural Medicine located?
Institute For Natural Medicine is headquartered in Seattle, Washington and files with the IRS under EIN 20464611.
How many years of IRS 990 filings does Institute For Natural Medicine have?
Institute For Natural Medicine has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
Is Institute For Natural Medicine financially stable given recent operating deficits?
While the organization has accumulated significant assets ($836,395 latest), the trend of expenses exceeding revenue in 2023 ($918,479 expenses vs. $633,060 revenue) and 2022 ($1,066,173 expenses vs. $877,056 revenue) suggests a potential reliance on reserves or other funding to cover operations, which could impact long-term stability if not addressed.
How does the organization fund its operations when expenses exceed revenue?
When expenses exceed revenue, the organization likely draws from its accumulated assets or relies on prior year surpluses. For example, in 2023, the $285,419 deficit would have been covered by existing funds or new, unreported revenue sources.
What is the nature of the 0% officer compensation reported?
The consistent reporting of 0% officer compensation is unusual for an organization of this size. It could indicate that officers are volunteers, compensated through a related entity, or that their compensation is categorized differently within the 990, warranting further inquiry into their compensation structure.
Filing History
IRS 990 filing history for Institute For Natural Medicine showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Institute For Natural Medicine's revenue has grown by 370.5%, moving from $135K to $633K. Total assets increased by 611.7% over the same period, from $107K to $764K. Total functional expenses rose by 1815.9%, from $48K to $918K. In its most recent filing year (2023), Institute For Natural Medicine reported a deficit of $285K, with expenses exceeding revenue. The organization holds $132K in liabilities against $764K in assets (debt-to-asset ratio: 17.3%), resulting in net assets of $632K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $633K | $918K | $764K | $132K | — | View 990 |
| 2022 | $877K | $1.1M | $492K | $77K | — | View 990 |
| 2021 | $978K | $948K | $573K | $56K | — | View 990 |
| 2020 | $985K | $835K | $497K | $9K | — | View 990 |
| 2019 | $774K | $761K | $358K | $91K | — | View 990 |
| 2018 | $643K | $617K | $311K | $56K | — | View 990 |
| 2017 | $571K | $461K | $294K | $66K | — | View 990 |
| 2016 | $224K | $170K | $161K | $0 | — | View 990 |
| 2015 | $135K | $48K | $107K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $633K, expenses of $918K, and assets of $764K (revenue -27.8% year-over-year).
- 2022: Revenue of $877K, expenses of $1.1M, and assets of $492K (revenue -10.3% year-over-year).
- 2021: Revenue of $978K, expenses of $948K, and assets of $573K (revenue -0.7% year-over-year).
- 2020: Revenue of $985K, expenses of $835K, and assets of $497K (revenue +27.3% year-over-year).
- 2019: Revenue of $774K, expenses of $761K, and assets of $358K (revenue +20.3% year-over-year).
- 2018: Revenue of $643K, expenses of $617K, and assets of $311K (revenue +12.7% year-over-year).
- 2017: Revenue of $571K, expenses of $461K, and assets of $294K (revenue +154.5% year-over-year).
- 2016: Revenue of $224K, expenses of $170K, and assets of $161K (revenue +66.8% year-over-year).
- 2015: Revenue of $135K, expenses of $48K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Institute For Natural Medicine:
Data Sources and Methodology
This transparency report for Institute For Natural Medicine is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.