Serbian American Medical Association Sama Inc
Analysis
Serbian American Medical Association Sama Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in February 2010, 16 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 2023, Serbian American Medical Association Sama Inc reported income of $171k and spending of $141k, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $272k to $171k (-37%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 91% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Serbian American Medical Association Sama Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Glenn Garcelon Foundation ($171k), Down Syndrome Association of Memphis ($172k) and Billy Foundation ($171k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Glenn Garcelon Foundation | Coppell | $171k |
| Down Syndrome Association of Memphis | Cordova | $172k |
| Billy Foundation | Santa Rosa | $171k |
| Harbours Gate | Louisville | $172k |