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Medical Students for Choice

RegisteredEIN 20-5263777Philadelphia, PAHealth and saving lives
Income$2.2m2023-12
Spending$1.6msame year
Spent / received86%5-year average
Size in its cause72nd pctHealth and saving lives
Exempt since2007Publicly supported organisat
Employees12latest return

Analysis

Medical Students for Choice is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2007, 19 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, Medical Students for Choice reported income of $2.2m and spending of $1.6m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Students for Choice sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Institute for Medicaid Innovation Inc ($2.2m), Martin Luther King Health Center ($2.2m) and Preeclampsia Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $322k (21% of expenses). Other salaries and wages came to $597k. At year end it held assets of $6.3m against liabilities of $155k, net assets of $6.2m. It reported 12 employees.

Income and spending

$0$541k$1.1m$1.6m$2.2m2019 Income: $1,739,8572019 Spending: $1,638,02720192020 Income: $2,023,4112020 Spending: $1,373,16320202021 Income: $1,528,3132021 Spending: $1,251,28620212022 Income: $758,4742022 Spending: $1,291,35120222023 Income: $2,165,3642023 Spending: $1,552,9472023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Program services 0.6%
  • Other 5.7%

Similar-sized charities, same cause

CharityLocationIncome
Institute for Medicaid Innovation IncWashington$2.2m
Martin Luther King Health CenterShreveport$2.2m
Preeclampsia FoundationMelbourne$2.2m
Armstrong County Council on Alcohol and Other Drugs IncKittanning$2.2m