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Top Rated

International Medical Corps

CharityWatch report issued
October 2021

Top-Rated Charity
A
CharityWatch Grade
Our independent grade based
on a number of factors.
 
88%
Program Percentage
Amount spent on programs
relative to overhead.
 
$4
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

International Medical Corps
12400 Wilshire Blvd
Suite 1500
Los Angeles, CA 90025-1030

Other Names

None

Tax Status

501(c)3

Stated Mission

To improve the quality of life through health interventions and related activities that strengthen underserved communities worldwide.

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Data based on Fiscal Year Ended 06/30/2020

Program Percentage: 88%

The percentage of International Medical Corps's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$155,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $4

How many dollars International Medical Corps spends on fundraising to raise each $100 of contributions.

$58,000,000

Calculated Total Contributions

(rounded)

Government Funding

50% to 100%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
International Medical Corps IRS Form 990 95-3949646
International Medical Corps Audited Financial Statements 95-3949646
Entity: International Medical Corps
Document Type: IRS Form 990
Tax ID: 95-3949646
Entity: International Medical Corps
Document Type: Audited Financial Statements
Tax ID: 95-3949646

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
International Medical Corps
meets governance benchmarks.
 
International Medical Corps
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

  Name Title Compensation
1 Nancy A. Aossey President/CEO $581,915
2 Clyde William Sundblad Chief Knowledge Officer $456,537
3 Ky Thien Luu COO $439,434
1
Name: Nancy A. Aossey
Title: President/CEO
Compensation: $581,915
2
Name: Clyde William Sundblad
Title: Chief Knowledge Officer
Compensation: $456,537
3
Name: Ky Thien Luu
Title: COO
Compensation: $439,434

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to the International Medical Corps (IMC) audited Statement of Activities for the year ended June 30, 2020, IMC reports receiving contributions of donated in-kind goods and services on which it placed a total value of approximately $4.9 million.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]

According to the International Medical Corps audit of June 30, 2020 (Note 9, Concentrations of Risk):

"Grants and contracts totaling $99,885,769 and $26,069,769 were received from the U.S. Agency for International Development and the U.S. Department of State, respectively, for the year ended June 30, 2020, which represents 52% and 14%, respectively, of total public support and revenue. ... Should these contribution levels decrease, the Organization may be adversely affected."

According to the International Medical Corps audit of June 30, 2020 (Note 8, Commitments and Contingencies):

"...[T]he Organization is involved in legal proceedings and claims arising in the normal course of business. The organization has established an accrual of $1,600,000 as the probable and reasonably estimable amount for contingent liabilities.

"While it is not possible to determine the ultimate liability in these matters at this time, in the opinion of management, such matters will not have a material adverse effect on the financial condition of the Organization in excess of the recorded contingent liability."

According to the International Medical Corps (IMC) tax filing for the fiscal year ended June 30, 2020, IMC reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):

Regarding severance payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 4a):

"In calendar year 2019, Kevin Noone received a severance payment in the amount of $70,000."

[Kevin Noone is reported as "Sr Adv., Emerg Resp. (thru 8/19)," with total compensation of $305,669 in calendar year 2019 (Schedule J, Part II).]


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