Volunteers in Medicine Inc

Analysis

Volunteers in Medicine Inc is a registered charity in United States, based in Saint Charles, MO. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Volunteers in Medicine Inc reported income of $100k and spending of $114k, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $236k to $100k (-58%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Volunteers in Medicine Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within MO. Charities of a similar size with the same main cause include Santa Barbara Lighthouse Foundation ($100k), Take Part Inc ($100k) and Hope Helping Others Progress Through Education ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $400k against liabilities of $0, net assets of $400k.