Johnsie & Aubary Montgomeryinstitute of Med Edu & Research Inc

Analysis

Johnsie & Aubary Montgomeryinstitute of Med Edu & Research Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Johnsie & Aubary Montgomeryinstitute of Med Edu & Research Inc reported income of $457k and spending of $594k, spending 130% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $386k to $457k (+18%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Johnsie & Aubary Montgomeryinstitute of Med Edu & Research Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Tri-County Emergency Medical Services Inc ($457k), Foundation for Terrebonne General Medical Center ($457k) and Autism Tree Project Inc ($457k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $1.0m, net assets of $450k.