University Nuclear Medicine Inc

Analysis

University Nuclear Medicine Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University Nuclear Medicine Inc reported income of $1.4m and spending of $283k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $580k to $1.4m (+146%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 236%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, University Nuclear Medicine Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Ccapp Credentialing ($1.4m), Parents of Addicted Loved Ones ($1.4m) and Transplant Life Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 20% of the total. Compensation of current officers, directors and key employees was $52k (18% of expenses). Other salaries and wages came to $57k. At year end it held assets of $32k against liabilities of $114k, net assets of -$82k. It reported 3 employees.