Medical Career Academy Inc
Analysis
Medical Career Academy Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in September 2014, 12 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 2023, Medical Career Academy Inc reported income of $853k and spending of $812k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $584k to $853k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Medical Career Academy Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Tioga County Partnership for Community Health ($853k), Light Africa ($853k) and Soboba Band of Luiseno Indians ($853k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $463k. At year end it held assets of $798k against liabilities of $439k, net assets of $359k. It reported 32 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tioga County Partnership for Community Health | Wellsboro | $853k |
| Light Africa | Rocklin | $853k |
| Soboba Band of Luiseno Indians | San Jacinto | $853k |
| Oakland Literacy Coalition | Oakland | $853k |