Academy of Medicine of Queens County Inc

Analysis

Academy of Medicine of Queens County Inc is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Academy of Medicine of Queens County Inc reported income of $99k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $441k to $99k (-78%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 85%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy of Medicine of Queens County Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Niquan Global Foundation Inc ($99k), Commonwealth College Access Network ($99k) and Northern High School Athletic Booster Club Inc ($99k).

At year end it held assets of $1.9m against liabilities of $1.0m, net assets of $859k. It reported 7 employees.