Alice L Walton School of Medicine

Analysis

Alice L Walton School of Medicine is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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 June 2023, Alice L Walton School of Medicine reported income of $10.9m and spending of $11.5m, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $8.3m to $10.9m (+32%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alice L Walton School of Medicine sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within AR. Charities of a similar size with the same main cause include Society of American Military Engineers ($10.9m), Asian Americans for Equality Inc ($10.9m) and Gow School ($10.9m).

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 $3.6m. At year end it held assets of $3.5m against liabilities of $990k, net assets of $2.5m. It reported 16 employees.