Medical Aid Project

Analysis

Medical Aid Project is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2009, 17 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 Aid Project reported income of $165k and spending of $151k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $337k to $165k (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income rose by 6020%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Aid Project sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Heart Health Foundation ($165k), HSS Screening and Early Detection Inc ($166k) and Luminina Corp ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.