Avm Research Foundation

Analysis

Avm Research Foundation is a registered charity in United States, based in Montgomery, TX. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2022, Avm Research Foundation reported income of $504k and spending of $505k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $228k to $504k (+121%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 291%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Avm Research Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Cornerstone Community Wellness Inc ($504k), Treatments for Epilepsy and Symptoms of Slc13a5 Foundation ($504k) and Cross X Reach Inc ($503k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 85% of the total. At year end it held assets of $94k against liabilities of $55k, net assets of $39k.