Nciap Medical Care Inc

Analysis

Nciap Medical Care Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nciap Medical Care Inc reported income of $731k and spending of $707k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $498k to $731k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nciap Medical Care Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within NC. Charities of a similar size with the same main cause include Highline Medical Center Foundation ($731k), Maharishi Integrative Health Foundation ($731k) and Community Health Imaging Centers ($731k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $210k (30% of expenses). At year end it held assets of $1.1m against liabilities of $571k, net assets of $504k. It reported 9 employees.