The Auxiliary of the Alamance Regional Medical Center Inc

Analysis

The Auxiliary of the Alamance Regional Medical Center Inc is a registered charity in United States, based in Burlington, NC. It received its IRS tax-exemption ruling in June 1977, 49 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 August 2024, The Auxiliary of the Alamance Regional Medical Center Inc reported income of $510k and spending of $548k, spending 107% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $463k to $510k (+10%), an average of +2.0% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Auxiliary of the Alamance Regional Medical Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Fairbanks Symphony Assoc Inc ($510k), Bethlehem Housing Inc ($510k) and Bill Graham Supporting Foundation ($510k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. At year end it held assets of $395k against liabilities of $0, net assets of $395k.