American Institute of Medical Education

Analysis

American Institute of Medical Education is a registered charity in United States, based in Olympic Vly, CA. It received its IRS tax-exemption ruling in July 1983, 43 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 2022, American Institute of Medical Education reported income of $323k and spending of $203k, leaving 37% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $323k (-72%), an average of -34% a year. The sharpest change came in the year to December 2021, when income rose by 334%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Institute of Medical Education sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Council Bluffs RHF Housing Inc ($323k), Armstrong County Educational Trust ($323k) and The Boaz House ($323k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $330k against liabilities of $0, net assets of $330k.