Ubah Medical Academy

Analysis

Ubah Medical Academy is a registered charity in United States, based in Hopkins, MN. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ubah Medical Academy reported income of $5.1m and spending of $5.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $5.1m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ubah Medical Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Sustainable Economies Law Center ($5.1m), International Spanish Language Academy ($5.1m) and Intellectual Virtues Academy of Long Beach ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $3.5m against liabilities of $5.1m, net assets of -$1.6m. It reported 56 employees.