Universities Allied for Essential Medicines Corp
Public records show a registered, tax-exempt organization in good standing.
What it says it does
We provide educational opportunities for student researchers that raise awareness around the access and affordability crisis for medicines developed with public funds. Our aim is to provide opportunities for student researchers to learn from experts, speak to each other, and share their own research findings as well.
- Income
- $218,953
- Spending
- $346,195
- Spent on programs
- 88%
- Reserves
- 3.2 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 4
- Volunteers
- 580
- Highest pay
- $65,479, executive dir.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 29% of charities in its peer group (human services, under $250k).
Reserves
20 of 35Spendable reserves would cover 3.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 58% of income.
Income trend
0 of 15Income fell 40% on the year before.
Spending floor
15 of 1588% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 91% of charities in its peer group (human services, under $250k).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $303,596 spent. UAEM worked to train student researchers at various events throughout the year. In particular, we hosted a conference at McGill University in March of 2025. This event brought together 85 student and faculty leaders from across the United States and Canada. The event cost $36,782 and we had revenue from two major sponsors and a major funder, as well as ticket sales, totaling: $31,500. This event let us gather many of our active chapters across North America, recap our work throught the previous academic year, and plan for the future. Additionally, we hosted an in-person retreat with 15 student leaders, 3 board members, and staff and a fundraiser in Washington, D.C. in September, which cost $8,814, with revenue from the fundraiser totaling: $2,595. This event helped us plan our student engagement and recruitment plans for the 2025-2026 academic year and introduce students to professionals in the research and access to medicines space.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2006.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.