Media Collective Inc

Analysis

Media Collective Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2000, 26 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 December 2023, Media Collective Inc reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $1.3m (+341%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 992%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Media Collective Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Ronald McDonald House Charities Inc ($1.3m), Spirovation Inc ($1.3m) and South Florida Arts & Counseling Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $131k against liabilities of $148k, net assets of -$17k.