King Edward Medical College Alumni Association of North America

Analysis

King Edward Medical College Alumni Association of North America is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, King Edward Medical College Alumni Association of North America reported income of $1.2m and spending of $473k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $749k to $1.2m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 1616%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, King Edward Medical College Alumni Association of North America sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Jewish Parent Cooperative School Inc ($1.2m), Al Hadi Initiatives ($1.2m) and St Sava Academy ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $4.0m against liabilities of $21k, net assets of $4.0m. It reported 1 employees.