Hippocratic Society

Tax-deductible

Raleigh, NC501(c)(3)Health CareEIN 93-1411468Revenue $363K in FY2025

On file with the IRShippsoc.org900 Ridgefield Dr Ste 270, 27609-8524 · Raleigh, NCTax-exempt since Jun 2023Publicly supported — 509(a)(2)

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To form and sustain clinicians in the practice and pursuit of good medicine.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Run by 50 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $155K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$7K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$363K
+567% vs prior year
Spent
$114K
To programs
66%
Net assets
$294K
By yearFY2024–FY2025
Revenue
$363K
FY2025▲ +567%
Tap a bar for its year
Revenue by fiscal year
FY2024$54K
FY2025$363K
Net assets
$294K
FY2025▲ +554%
Tap a bar for its year
Net assets by fiscal year
FY2024$45K
FY2025$294K

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $75K Management & general 19% · $22K Fundraising 15% · $17K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chairman of the Board and President
$0Pt VII · Sec A
Vice Chair of the Board and Vice President
$0Pt VII · Sec A
Director and Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Michael Egan’s $7K as Director of Operations is at the 4th percentile of top reported officer pay among 1980 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Hippocratic Society executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Trains and supports doctors in providing excellent patient care.

Provided by the organization

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3 programs · $45K · in their own filed words · FY2024
01

Inaugural Hippocratic Society Conference

convened 70 chapter leaders (students, clinicians, and faculty) for the Society's inaugural conference, a concentrated gathering for formation, mentorship, and public dialogue. The event featured lectures, workshops, and discussions on the, the cultivation of virtue, facilitation techniques, and the responsibilities of the healing…

$39Kprogram expense
02

Hippocratic Symposia

Supported public Symposia at Duke University and Harvard Medical School (and their associated medical centers) where invited speakers addressed pressing questions about medical ethics, the clinician-patient relationship, and the purposes and limits of medicine.

$5Kprogram expense
03

Hippocratic Fora

Facilitated small-group dinner discussions at medical and undergraduate chapters, where students and faculty gathered over meals to study cases, explore virtues essential to medical practice, and reflect together on what good medicine requires.

$1Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Rbn FoundationFY2024$25K
Total grants receivedfrom 4 funders$155K
See all 4 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$363K
Ln 12
Gifts and grantsLn 1h$357K
Fees for servicesLn 2g$6K
Money outPt IX
$114K
Ln 25
Programscol B$75K
Managementcol C$22K
Fundraisingcol D$17K
Owns and owesPt X
$294K
net assets · Ln 32
Cash and savingsLn 1–2$90K
Total assetsLn 16$300K
LiabilitiesLn 26$7K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$357K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$6K
Total revenueLn 12$363K
Assets in detailPt X, end of year
CashLn 1$90K
Cash and savings togetherLn 1–2$90K
Total assetsLn 16$300K
LiabilitiesLn 26$7K
Net assetsLn 32$294K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$50K$90K
Total assetsLn 16$50K$300K
LiabilitiesLn 26$5K$7K
Net assetsLn 32$45K$294K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$45K$14K$17K$14K
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$4K$1K$1K$1K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$4$0$4$0
Other fees for servicesLn 11g$10K$10K
Advertising and promotionLn 12$100$100
Office expensesLn 13$2K$780$734$614
Information technologyLn 14$2K$916$916
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$40K$40K
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$8K$6K$189$1K
Total functional expensesLn 25$114K$75K$22K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $363K$114K$249K$294K 990 PDF
FY2024 $54K$45K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $362,806 revenue, 12 lines filed
I-8 Contributions and grants$356,512
I-9 Program service revenue$6,294
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $0$362,806
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$49,006
I-16a Professional fundraising fees$0
I-17 Other expenses$64,978
I-18 Total expensesPrior year $0$113,984
I-19 Revenue less expensesPrior year $0$248,822
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $362,806 across 9 lines filed
Lines not itemized here account for $6,294 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$356,512
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$356,512
VIII-12 Total revenueRelated to mission $6,294 · Unrelated business $0 · Excluded from tax $0$362,806
Part IX · Statement of functional expenses $113,984 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $14,233 · Management $17,157 · Fundraising $13,912$45,302
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,163 · Management $1,403 · Fundraising $1,138$3,704
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $4 · Fundraising $0$4
IX-11g Other fees for servicesPrograms $10,014$10,014
IX-12 Advertising and promotionFundraising $100$100
IX-13 Office expensesPrograms $780 · Management $734 · Fundraising $614$2,128
IX-14 Information technologyPrograms $916 · Management $916$1,832
IX-17 TravelPrograms $2,000$2,000
IX-19 Conferences, conventions and meetingsPrograms $39,828$39,828
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,500$1,500
IX-24 Other expenses (24a–d)Programs $6,183 · Management $189 · Fundraising $1,200$7,572
IX-25 Total functional expensesPrograms $75,117 · Management $21,903 · Fundraising $16,964$113,984
Part X · Balance sheet $300,422 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $49,736$90,372
X-3 Pledges and grants receivable$210,050
X-16 Total assetsStart of year $50,068$300,422
X-17 Accounts payable and accrued expensesStart of year $3,500$6,693
X-26 Total liabilitiesStart of year $5,163$6,693
X-27 Net assets without donor restrictionsStart of year $44,905$293,729
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $44,905$293,729
X-33 Total liabilities and net assetsStart of year $50,068$300,422
Part XI · Reconciliation of net assets $293,729 net assets at year end
XI-1 Total revenue$362,806
XI-2 Total expenses$113,984
XI-3 Revenue less expenses$248,822
XI-4 Net assets at start of year$44,905
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$2
XI-10 Net assets at end of year$293,729

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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