Mega Care Inc

Analysis

Mega Care Inc is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mega Care Inc reported income of $4.1m and spending of $0, leaving 100% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $7.1m to $4.1m (-41%), an average of -10% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 0.0% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mega Care 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 92nd percentile within NJ. Charities of a similar size with the same main cause include American Academy of Dental Sleep Medicine ($4.1m), Panhandle Home Health Inc ($4.1m) and Jewish Home and Hospital for Aged at Pittsburgh ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $51.9m against liabilities of $0, net assets of $51.9m.