International Tibetan Medical Association Ltd

Analysis

International Tibetan Medical Association Ltd is a registered charity in United States, based in Vly Cottage, NY. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, International Tibetan Medical Association Ltd reported income of $114k and spending of $109k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $41k to $114k (+176%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Tibetan Medical Association Ltd sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include International Asthma Services Gobal Cardiology Initiatives Inc ($113k), Impact Farming Foundation Inc ($114k) and Academic Foundation for International Cultural Exchange ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,513 against liabilities of $0, net assets of $9,513.