Patiala Medical College Alumni Association of North America Inc

Analysis

Patiala Medical College Alumni Association of North America Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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 2023, Patiala Medical College Alumni Association of North America Inc reported income of $91k and spending of $152k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $91k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 141% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Patiala Medical College Alumni Association of North America Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within AZ. Charities of a similar size with the same main cause include Jackson State Community College Foundation ($91k), Bakesfield Rotary-Waterman Foundation ($91k) and Educational Foundation Columbia Schools ($91k).

At year end it held assets of $30k against liabilities of $0, net assets of $30k.