US Center for Chinese Medicine by Bucm Incorporated

Analysis

US Center for Chinese Medicine by Bucm Incorporated is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, US Center for Chinese Medicine by Bucm Incorporated reported income of $1.1m and spending of $633k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 111% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, US Center for Chinese Medicine by Bucm Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Aha Foundation Inc ($1.1m), Prodein Non Profit Inc ($1.1m) and Blue Dragon Childrens Foundation USA ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $72k (11% of expenses). Other salaries and wages came to $235k. At year end it held assets of $745k against liabilities of $42k, net assets of $703k. It reported 4 employees.