The Amd3 Foundation

Analysis

The Amd3 Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2005, 21 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, The Amd3 Foundation reported income of $649k and spending of $578k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $770k to $649k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Amd3 Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Green Foundation ($649k), Pine-Eagle Health Planning Committee ($649k) and Wintergreen Property Owners Volunteer Rescue Squad Inc ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Other salaries and wages came to $164k. At year end it held assets of $549k against liabilities of $23k, net assets of $526k. It reported 4 employees.