Research and Education Foundation of Atlanta Medical Center

Analysis

Research and Education Foundation of Atlanta Medical Center is a registered charity in United States, based in Hampstead, NC. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2022, Research and Education Foundation of Atlanta Medical Center reported income of $166k and spending of $62k, leaving 63% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $130k to $166k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Research and Education Foundation of Atlanta Medical Center sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Living Streams Ranch ($166k), Association for Improving Medical Services Corporation ($166k) and Spirit Therapeutic Riding Center ($166k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 166% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.