Society for Medical Decision Making Inc

Analysis

Society for Medical Decision Making Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in July 1983, 43 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 December 2023, Society for Medical Decision Making Inc reported income of $793k and spending of $964k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $832k to $793k (-4.6%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Medical Decision Making Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Ethos Discovery ($793k), American Society of Emergency Radiology ($794k) and Masonic Home Community Based Services Inc ($793k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $137k (14% of expenses). At year end it held assets of $926k against liabilities of $350k, net assets of $576k.

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.