Community Medical Associates Inc

Analysis

Community Medical Associates Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in February 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Medical Associates Inc reported income of $5.1m and spending of $11.5m, spending 228% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.3m to $5.1m (+17%), an average of +4.1% a year. The sharpest change came in the year to September 2020, when income rose by 36%. Over the whole period it spent 197% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Medical Associates Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Tamarack Center ($5.1m), Townhall II ($5.1m) and Pediatric Brain Tumor Foundation of the United States Inc ($5.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $6.9m. At year end it held assets of $3.3m against liabilities of $3.1m, net assets of $167k. It reported 108 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.