Med-I-Assist Inc

Analysis

Med-I-Assist Inc is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in April 2008, 18 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, Med-I-Assist Inc reported income of $52k and spending of $63k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $52k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Med-I-Assist Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Aps Foundation of America Inc ($52k), Olympia Alano Club Inc ($52k) and Cambria Connection ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.