Medlink Georgia Inc

Analysis

Medlink Georgia Inc is a registered charity in United States, based in Colbert, GA. It received its IRS tax-exemption ruling in June 1980, 46 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Medlink Georgia Inc reported income of $58.6m and spending of $58.6m, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $31.7m to $58.6m (+85%), an average of +17% a year. The sharpest change came in the year to March 2022, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Medlink Georgia Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include American Camping Association Inc ($58.5m), University of Maryland Physicians Pa ($58.6m) and GRHS Holdings Inc ($58.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.0m (1.8% of expenses). Other salaries and wages came to $30.7m. At year end it held assets of $49.2m against liabilities of $25.1m, net assets of $24.0m. It reported 570 employees.