Alachua County Medical Society Foundation

Analysis

Alachua County Medical Society Foundation is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in May 1981, 45 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 December 2023, Alachua County Medical Society Foundation reported income of $90k and spending of $91k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $90k (+10.0%), an average of +10% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alachua County Medical Society Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Stone County Housing Inc ($90k), Fayette County Association for the Blind ($90k) and Volunteers in Psychotherapy Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $150k against liabilities of $93k, net assets of $57k.