Medshadow Foundation

Analysis

Medshadow Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2013, 13 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Medshadow Foundation reported income of $863k and spending of $817k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $572k to $863k (+51%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 251%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medshadow Foundation 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 78th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Pacific Coast Reproduction Society ($862k), Tomorrows Rainbow Inc ($863k) and Montgomery Area Services for Persons with Mental Retardation in ($862k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $463k. At year end it held assets of $142k against liabilities of $174k, net assets of -$31k. It reported 10 employees.