Peruvian American Medical Society Endowment Fund

Analysis

Peruvian American Medical Society Endowment Fund is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 1989, 37 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Peruvian American Medical Society Endowment Fund reported income of $628k and spending of $517k, spending 82% of its income. Across the 6 years on record, from August 2018 to August 2023, income grew from $619k to $628k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to August 2023, when income rose by 51%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Peruvian American Medical Society Endowment Fund 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 73rd percentile, and in the 72nd percentile within NM. Charities of a similar size with the same main cause include World Treasures Inc ($628k), Friends of the American International School of Algiers in ($628k) and Gravity Water ($627k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $82k. At year end it held assets of $2.2m against liabilities of $40k, net assets of $2.1m. It reported 1 employees.