Southwest Viral Med Inc

Analysis

Southwest Viral Med Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in May 2016, 10 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 September 2023, Southwest Viral Med Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $912k to $1.4m (+56%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 81%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwest Viral Med Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Northern Indiana Maternal and Child Health Network Inc ($1.4m), Cornerstone Community Alcohol and ($1.4m) and Primary Care Access Network Inc ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $363k (26% of expenses). Other salaries and wages came to $467k. At year end it held assets of $2.2m against liabilities of $439, net assets of $2.2m. It reported 14 employees.