Greensboro Medical Society Foundation Inc

Analysis

Greensboro Medical Society Foundation Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Greensboro Medical Society Foundation Inc reported income of $135k and spending of $148k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $143k to $135k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 392%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greensboro Medical Society Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Ruffin Student Scholarship Foundation ($135k), BHS Athletic Booster Club Inc ($135k) and The International Association of General Motors Automotive Service ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 38% of the total. At year end it held assets of $206k against liabilities of $0, net assets of $206k.