Loyola Medicine Transport LLC

Analysis

Loyola Medicine Transport LLC is a registered charity in United States, based in Melrose Park, IL. It received its IRS tax-exemption ruling in August 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Loyola Medicine Transport LLC reported income of $1.9m and spending of $2.9m, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $1.9m (-66%), an average of -24% a year. The sharpest change came in the year to June 2022, when income dropped by 50%. 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, Loyola Medicine Transport LLC sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Recovery Resources TN ($1.9m), Nevada Childhood Cancer Foundation ($1.9m) and Twin Rivers Medical PC ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $10.9m against liabilities of $12.4m, net assets of -$1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.