Duluth Graduate Medical Education Council Inc

Analysis

Duluth Graduate Medical Education Council Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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 June 2024, Duluth Graduate Medical Education Council Inc reported income of $8.2m and spending of $7.7m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.7m to $8.2m (+6.6%), an average of +1.6% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duluth Graduate Medical Education Council Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Politz Hebrew Academy of Northeast Philadelphia ($8.2m), Stepping Stone School Inc for Exceptional Children Inc ($8.2m) and Berkshire Family Young Mens Christian Association Inc ($8.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $5.2m against liabilities of $589k, net assets of $4.7m.