Karnataka State Medical and Dental Alumni Association of America

Analysis

Karnataka State Medical and Dental Alumni Association of America is a registered charity in United States, based in Palm Harbor, FL. It received its IRS tax-exemption ruling in February 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Karnataka State Medical and Dental Alumni Association of America reported income of $175k and spending of $220k, spending 125% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $105k to $175k (+68%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 261%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Karnataka State Medical and Dental Alumni Association of America sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Kennett Athletic Booster Club ($175k), Midwestern Chapter - International Society of Arboriculture ($175k) and National Association of Corporate Directors ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.