Volunteers in Medicine Jacksonville Inc
Analysis
Volunteers in Medicine Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Volunteers in Medicine Jacksonville Inc reported income of $2.5m and spending of $2.2m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $2.5m (+150%), an average of +26% a year. The sharpest change came in the year to September 2020, when income rose by 107%. Over the whole period it spent 86% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Volunteers in Medicine Jacksonville Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include CLL Global Research Foundation ($2.5m), Center for Sight & Hearing ($2.5m) and Roane County Patch ($2.5m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $112k (5.0% of expenses). Other salaries and wages came to $663k. At year end it held assets of $2.7m against liabilities of $1.1m, net assets of $1.6m. It reported 20 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 4.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| CLL Global Research Foundation | Houston | $2.5m |
| Center for Sight & Hearing | Rockford | $2.5m |
| Roane County Patch | Spencer | $2.5m |
| Center for Innovative Public Health Research | San Clemente | $2.5m |