Medic Mobile Inc

Analysis

Medic Mobile Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 2012, 14 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, Medic Mobile Inc reported income of $12.2m and spending of $9.9m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $12.2m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medic Mobile Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Providence Speech & Hearing Center ($12.2m), Blood Bank of Alaska Inc ($12.2m) and Grace Village Health Care Facility Inc ($12.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $739k (7.5% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $7.6m against liabilities of $786k, net assets of $6.8m. It reported 13 employees.