United Memorial Medical Center Foundation Inc

Analysis

United Memorial Medical Center Foundation Inc is a registered charity in United States, based in Batavia, NY. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Memorial Medical Center Foundation Inc reported income of $2.9m and spending of $437k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $684k to $2.9m (+323%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 330%. Over the whole period it spent 28% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Memorial Medical Center 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 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Ivi Foundation Inc ($2.9m), Oak Park and River Forest Infant Welfare Society ($2.9m) and Amyloidosis Research Consortium Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $334k. At year end it held assets of $7.2m against liabilities of $0, net assets of $7.2m. It reported 1 employees.