Medical Education Training and Development Inc

Analysis

Medical Education Training and Development Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Medical Education Training and Development Inc reported income of $812k and spending of $720k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $660k to $812k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Education Training and Development Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Citizens Ambulance Service ($812k), Dont Look Back Center Inc ($812k) and Center for Community Recovery Innovations Inc ($811k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $68k (9.5% of expenses). At year end it held assets of $634k against liabilities of $98k, net assets of $535k.