Special Operations Medical Association Inc

Analysis

Special Operations Medical Association Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Special Operations Medical Association Inc reported income of $1.2m and spending of $1.0m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 231%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Special Operations Medical Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include Transitional Residential Treatment Facilities Inc ($1.2m), Schuyler County Mental Health Association ($1.2m) and King Hussein Cancer Foundation USA Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 94% of the total. At year end it held assets of $751k against liabilities of $197k, net assets of $554k.