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Southern Indiana Graduate Medical Education Consortium Inc

RegisteredEIN 47-2044966Evansville, INEducation and training
Income$4.5m2024-06
Spending$4.6msame year
Spent / received105%5-year average
Size in its cause88th pctEducation and training
Exempt since2015School
Employees0latest return

Analysis

Southern Indiana Graduate Medical Education Consortium Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Southern Indiana Graduate Medical Education Consortium Inc reported income of $4.5m and spending of $4.6m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $4.5m (+256%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 82%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Indiana Graduate Medical Education Consortium Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Longleaf Services Inc ($4.5m), Valley of the Sun Waldorf Education Association Inc ($4.5m) and University at Buffalo Student Association Inc ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.

Income and spending

$0$1.1m$2.3m$3.4m$4.6m2020 Income: $1,261,3372020 Spending: $1,843,14920202021 Income: $2,290,0512021 Spending: $2,427,46020212022 Income: $3,505,0122022 Spending: $3,483,74320222023 Income: $4,495,0122023 Spending: $4,490,57520232024 Income: $4,495,0122024 Spending: $4,565,1872024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Longleaf Services IncChapel Hill$4.5m
Valley of the Sun Waldorf Education Association IncPhoenix$4.5m
University at Buffalo Student Association IncBuffalo$4.5m
Atlanta Dream AcademyCollege Park$4.5m