Medical Learning Institute Inc

Analysis

Medical Learning Institute Inc is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Medical Learning Institute Inc reported income of $21.6m and spending of $25.2m, spending 117% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $22.0m to $21.6m (-2.2%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Medical Learning Institute Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include West Texas a & M University Foundation ($21.6m), University of Central Arkansas Foundation Inc ($21.6m) and Stargate Charter School ($21.6m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $491k (1.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.5m against liabilities of $1.3m, net assets of $3.2m. It reported 13 employees.