Alabama Osteopathic Medical Association
Analysis
Alabama Osteopathic Medical Association is a registered charity in United States, based in Piedmont, AL. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Alabama Osteopathic Medical Association reported income of $99k and spending of $122k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $99k (+6.6%), an average of +6.6% a year. Over the whole period it spent 136% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Alabama Osteopathic Medical Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AL. Charities of a similar size with the same main cause include Oliver Ranch Foundation ($99k), Children and Arthritis ($99k) and Junior League of Galveston County Inc ($99k).
On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 45% of the total. At year end it held assets of $191k against liabilities of $1,921, net assets of $189k.
Income and spending
Where the income comes from
- Program services 45%
- Other 55%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Oliver Ranch Foundation | Santa Rosa | $99k |
| Children and Arthritis | Shreveport | $99k |
| Junior League of Galveston County Inc | Galveston | $99k |
| U S Center Foundation Inc | Lebanon | $99k |