Baroda Medical College Foundation Inc

Analysis

Baroda Medical College Foundation Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Baroda Medical College Foundation Inc reported income of $558k and spending of $392k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $558k (+166%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 1338%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Baroda Medical College Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include American Friends of Ora Vesimcha ($558k), Governors Scholars Program Foundation Inc ($559k) and Rhode Islanders Sponsoring Education ($557k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $529k against liabilities of $0, net assets of $529k.