Medical Education Institute Inc

Analysis

Medical Education Institute Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Medical Education Institute Inc reported income of $1.0m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $950k to $1.0m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Medical Education Institute Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within WI. Charities of a similar size with the same main cause include Pathway Christian Academy Inc ($1.0m), Wickenburg Community Services Corporation ($1.0m) and San Jose Auxiliary for Children ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $114k (11% of expenses). Other salaries and wages came to $628k. At year end it held assets of $1.8m against liabilities of $472k, net assets of $1.3m. It reported 8 employees.