Requipment Durable Medical Equipment Reuse Program

Analysis

Requipment Durable Medical Equipment Reuse Program is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Requipment Durable Medical Equipment Reuse Program reported income of $829k and spending of $753k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $494k to $829k (+68%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Requipment Durable Medical Equipment Reuse Program sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include National Health Forum Inc ($829k), Physicians for Social Responsibility Inc ($832k) and Sahaya International Inc ($829k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $60k (7.9% of expenses). At year end it held assets of $323k against liabilities of $89k, net assets of $234k. It reported 14 employees.