M E D F Physicians Corporation

Analysis

M E D F Physicians Corporation is a registered charity in United States, based in Coldwater, OH. It received its IRS tax-exemption ruling in March 2002, 24 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 March 2024, M E D F Physicians Corporation reported income of $13.1m and spending of $23.3m, spending 178% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $6.6m to $13.1m (+97%), an average of +14% a year. The sharpest change came in the year to March 2021, when income rose by 32%. Over the whole period it spent 158% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, M E D F Physicians Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Community Health Centers of Western Kentucky Inc ($13.1m), Community Hospital Inc ($13.1m) and Little Hill Foundation for the Rehabilitation of Alcoholics Inc ($13.1m).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 91% of the total. Compensation of current officers, directors and key employees was $9.3m (40% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $2.1m against liabilities of $980k, net assets of $1.1m. It reported 218 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.