Sri Lanka Medical Association North America Inc

Analysis

Sri Lanka Medical Association North America Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in March 2017, 9 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 (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, Sri Lanka Medical Association North America Inc reported income of $456k and spending of $730k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $456k (+159%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sri Lanka Medical Association North America Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Cancer Resources for Elkhart County Inc ($456k), Evans Mills Volunteer Ambulance Squad Incorporated ($456k) and American Academy of Oral Pathology ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.