Glendale Area Medical Association Inc

Analysis

Glendale Area Medical Association Inc is a registered charity in United States, based in Coalport, PA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Glendale Area Medical Association Inc reported income of $3.2m and spending of $3.0m, spending 93% of its income. Across the 5 years on record, from August 2020 to August 2024, income grew from $2.4m to $3.2m (+33%), an average of +7.3% a year. The sharpest change came in the year to August 2021, when income rose by 31%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glendale Area Medical Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Society for the Blind ($3.2m), Chavrusa Care US Inc ($3.2m) and Big Bend Hospice Foundation ($3.2m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $644k (22% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.0m against liabilities of $302k, net assets of $3.7m. It reported 32 employees.