Uermmmc Medical Alumni Association of America Inc

Analysis

Uermmmc Medical Alumni Association of America Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Uermmmc Medical Alumni Association of America Inc reported income of $123k and spending of $69k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $160k to $123k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 292%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Uermmmc Medical Alumni Association of America Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Serafina Arts Inc ($123k), Essex Winter Series Inc ($123k) and Fred J Johnston Preservation TR ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $1.2m against liabilities of $370k, net assets of $782k.