Fresno-Madera Medical Society Foundation

Analysis

Fresno-Madera Medical Society Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. 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, Fresno-Madera Medical Society Foundation reported income of $115k and spending of $116k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $115k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fresno-Madera Medical Society Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include The Tampa Oratorio Singers Inc ($115k), Post Rock Opportunities Foundation ($115k) and Arrowhead Club ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $173k against liabilities of $161k, net assets of $12k.