Association for Improving Medical Services Corporation

Analysis

Association for Improving Medical Services Corporation is a registered charity in United States, based in Lancaster, TX. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Association for Improving Medical Services Corporation reported income of $166k and spending of $122k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $166k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Association for Improving Medical Services Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Research and Education Foundation of Atlanta Medical Center ($166k), World Health Dental Organization ($166k) and Living Streams Ranch ($166k).

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 $47k against liabilities of $79k, net assets of -$33k.