Alumni Association School of Medicine Loma Linda University

Analysis

Alumni Association School of Medicine Loma Linda University is a registered charity in United States, based in Loma Linda, CA. It received its IRS tax-exemption ruling in February 1953, 73 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Alumni Association School of Medicine Loma Linda University reported income of $3.0m and spending of $2.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.9m to $3.0m (-78%), an average of -32% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumni Association School of Medicine Loma Linda University sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Challenge Program ($3.0m), South Baylo University ($3.0m) and Saint Joseph Academy ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $133k (5.0% of expenses). Other salaries and wages came to $301k. At year end it held assets of $20.9m against liabilities of $566k, net assets of $20.3m. It reported 8 employees.