Guntur Medical College Alumni of North America Inc

Analysis

Guntur Medical College Alumni of North America Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1983, 43 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 December 2023, Guntur Medical College Alumni of North America Inc reported income of $3.1m and spending of $3.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $574k to $3.1m (+448%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 1222%. Over the whole period it spent 58% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Guntur Medical College Alumni of North America Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NM. Charities of a similar size with the same main cause include American Council of Young Political Leaders Inc ($3.1m), Skysthelimit Org ($3.2m) and Urbanpromise International Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.