Alliance Medical Ministry Inc

Analysis

Alliance Medical Ministry Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Alliance Medical Ministry Inc reported income of $2.2m and spending of $3.1m, spending 142% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.1m to $2.2m (+2.9%), an average of +0.7% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alliance Medical Ministry Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Hartford Communities That Care Inc ($2.2m), Southern California Institute for Research and Education ($2.2m) and Providence Health Foundation ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $154k (5.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.0m against liabilities of $69k, net assets of $3.9m. It reported 43 employees.