National Medical Association Inc

Analysis

National Medical Association Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in March 1954, 72 years ago. Its declared purposes cover health care, 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 2023, National Medical Association Inc reported income of $9.3m and spending of $7.8m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $9.3m (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Medical Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Clinical Data Interchange Standards Consortium Inc ($9.3m), Soledad Enrichment Action Inc ($9.3m) and Turnstone Center for Children and Adults with Disabilities Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $320k (4.1% of expenses). Other salaries and wages came to $801k. At year end it held assets of $11.9m against liabilities of $962k, net assets of $11.0m. It reported 17 employees.