Asian Medical Clinic of Fremont Inc

Analysis

Asian Medical Clinic of Fremont Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Asian Medical Clinic of Fremont Inc reported income of $881k and spending of $870k, spending 99% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $348k to $881k (+153%), an average of +26% a year. The sharpest change came in the year to February 2022, when income rose by 93%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asian Medical Clinic of Fremont Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Hawaii Homeless Healthcare Hui ($881k), Bikur Cholim of Manhattan Inc ($881k) and Road 2 Recovery Foundation ($881k).

On its Form 990 for the period ending February 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $178k (20% of expenses). Other salaries and wages came to $209k. At year end it held assets of $159k against liabilities of $0, net assets of $159k. It reported 11 employees.