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Medical Career Academy Inc

RegisteredEIN 46-4181792West Palm BCH, FLEducation and training
Income$853k2023-12
Spending$812ksame year
Spent / received91%5-year average
Size in its cause74th pctEducation and training
Exempt since2014Publicly supported organisat
Employees32latest return

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

$0$213k$426k$640k$853k2019 Income: $584,0812019 Spending: $532,26520192020 Income: $708,4302020 Spending: $509,88520202021 Income: $532,3362021 Spending: $557,92520212022 Income: $694,2262022 Spending: $641,63820222023 Income: $852,9662023 Spending: $811,9692023
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Tioga County Partnership for Community HealthWellsboro$853k
Light AfricaRocklin$853k
Soboba Band of Luiseno IndiansSan Jacinto$853k
Oakland Literacy CoalitionOakland$853k