Medicare Rights Center Inc

Analysis

Medicare Rights Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Medicare Rights Center Inc reported income of $4.3m and spending of $4.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.3m (+6.5%), an average of +1.6% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medicare Rights Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Human Development Center Inc ($4.3m), Alcohol & Drug Services of Guilford Inc ($4.3m) and National Association of Medicaid Directors ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $272k (6.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $6.2m against liabilities of $1.7m, net assets of $4.6m. It reported 37 employees.