Medical Library Association Inc

Analysis

Medical Library Association Inc is a registered charity in United States, based in MC Lean, VA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Medical Library Association Inc reported income of $2.8m and spending of $3.2m, spending 114% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $3.3m to $2.8m (-15%), an average of -4.0% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Medical Library Association 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 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Kings Academy Nashville ($2.8m), Technical Academies of Minnesota ($2.8m) and Yeshiva Gedola Naos Yaakov Inc ($2.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 5.9% and program service revenue 90% of the total. At year end it held assets of $7.8m against liabilities of $4.8m, net assets of $3.0m.