Abccm Doctors Medical Clinic Inc

Analysis

Abccm Doctors Medical Clinic Inc is a registered charity in United States, based in Arden, NC. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover health care, 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 December 2022, Abccm Doctors Medical Clinic Inc reported income of $5.0m and spending of $5.9m, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.4m to $5.0m (+14%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Abccm Doctors Medical Clinic Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Tykes & Teens Inc ($5.0m), The Blessing Foundation Inc ($5.0m) and North Texas Rehabilitation Center ($5.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.2m against liabilities of $117k, net assets of $2.1m.