Polish American Medical Society

Analysis

Polish American Medical Society is a registered charity in United States, based in Addison, IL. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Polish American Medical Society reported income of $199k and spending of $190k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $199k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Polish American Medical Society sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Lincoln Highway Heritage Corridor Inc ($199k), Native American Business Association ($199k) and Elevate to Even Plus Incorporated ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.