Medical Assistance Foundation

Analysis

Medical Assistance Foundation is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 Assistance Foundation reported income of $93k and spending of $84k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $93k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Medical Assistance Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Davis Sunrise Rotary Foundation ($93k), Chasdei Avos ($93k) and Stratford Old Timers Athletic Assn Inc ($93k).

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 $27k against liabilities of $0, net assets of $27k.