Au Medical Associates Inc

Analysis

Au Medical Associates Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in March 1961, 65 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Au Medical Associates Inc reported income of $211.1m and spending of $245.0m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $139.9m to $211.1m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Au Medical Associates Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within GA. Charities of a similar size with the same main cause include Beacon Health System Inc ($210.8m), The Frederick Ferris Thompson Hospi Tal ($211.2m) and Monument Health Network Inc ($210.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $4.8m (2.0% of expenses). Other salaries and wages came to $53.6m. At year end it held assets of $98.2m against liabilities of $217.8m, net assets of -$119.7m. It reported 669 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.