American Medical Student Association Foundation

Analysis

American Medical Student Association Foundation is a registered charity in United States, based in MC Lean, VA. It received its IRS tax-exemption ruling in November 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, American Medical Student Association Foundation reported income of $885k and spending of $513k, leaving 42% of income unspent that year. Across the 6 years on record, from April 2019 to April 2024, income grew from $72k to $885k (+1133%), an average of +65% a year. The sharpest change came in the year to April 2020, when income rose by 581%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Medical Student Association Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Jacksonville Episcopal High School Foundation Inc ($885k), Eastern Shore Entrepreneurship Center Inc ($885k) and Kingspoint Christian School ($885k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $880k against liabilities of $352k, net assets of $528k.