Delaware Medical Education Foundation Ltd

Analysis

Delaware Medical Education Foundation Ltd is a registered charity in United States, based in Middletown, DE. It received its IRS tax-exemption ruling in June 1996, 30 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, Delaware Medical Education Foundation Ltd reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.1m to $1.1m (+3.0%), an average of +3.0% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Delaware Medical Education Foundation Ltd sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within DE. Charities of a similar size with the same main cause include Nami Metropolitan Baltimore Inc ($1.1m), Escalon Community Ambulance ($1.1m) and Family Crisis Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $399k against liabilities of $1,451, net assets of $398k.