Medserve

Analysis

Medserve is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in November 2016, 10 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 December 2023, Medserve reported income of $1.5m and spending of $1.2m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $484k to $1.5m (+209%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medserve sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within SC. Charities of a similar size with the same main cause include Crossroads Foundation ($1.5m), Dt1 Charities a NJ Nonprofit Corporation ($1.5m) and Amh Comprehensive Medical Centers ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $92k (7.7% of expenses). Other salaries and wages came to $826k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 100 employees.