Manifest Medex

Analysis

Manifest Medex is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in October 2010, 16 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, Manifest Medex reported income of $51.1m and spending of $50.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22.6m to $51.1m (+126%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 57%. 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, Manifest Medex sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Merakey Allos ($50.9m), KVC Hospitals Inc ($51.1m) and Michigan Primary Care Association ($50.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $2.4m (4.8% of expenses). Other salaries and wages came to $11.5m. At year end it held assets of $34.9m against liabilities of $12.7m, net assets of $22.2m. It reported 89 employees.