Delaware Foundation for Medical Services Ltd

Analysis

Delaware Foundation for Medical Services Ltd is a registered charity in United States, based in Middletown, DE. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Delaware Foundation for Medical Services Ltd reported income of $143k and spending of $120k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $143k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 196% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Delaware Foundation for Medical Services Ltd sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 40th percentile within DE. Charities of a similar size with the same main cause include Tri-Valley Socks ($143k), Integrita Healthcare Educational Foundation ($143k) and Tennessee Recovery Alliance ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $1.8m against liabilities of $4,343, net assets of $1.8m.