Philippine Medical Society of Northern California Inc

Analysis

Philippine Medical Society of Northern California Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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, Philippine Medical Society of Northern California Inc reported income of $100k and spending of $67k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $100k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philippine Medical Society of Northern California Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Del Norte County Historical Society ($100k), Taps for Veterans ($100k) and Turner Public Library ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.