Gorgas Memorial Institute of Tropic Al and Preventative Medicine Inc

Analysis

Gorgas Memorial Institute of Tropic Al and Preventative Medicine Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 1925, 101 years ago. Its declared purposes cover medical research, 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, Gorgas Memorial Institute of Tropic Al and Preventative Medicine Inc reported income of $389k and spending of $511k, spending 131% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $394k to $389k (-1.2%), an average of -0.3% a year. The sharpest change came in the year to September 2023, when income dropped by 16%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gorgas Memorial Institute of Tropic Al and Preventative Medicine Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AL. Charities of a similar size with the same main cause include Georgia Lions Camp for the Blind ($389k), Live Tampa Bay Inc ($389k) and Hope Center of Livingston County ($389k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $96k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.