Medical Review of North Carolina Inc

Analysis

Medical Review of North Carolina Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 1990, 36 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 July 2023, Medical Review of North Carolina Inc reported income of $5.5m and spending of $10.3m, spending 189% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $10.6m to $5.5m (-49%), an average of -15% a year. The sharpest change came in the year to July 2023, when income dropped by 50%. 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, Medical Review of North Carolina Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Usc Arcadia Hospital Foundation ($5.5m), Foundation for the Accreditation of Cellular Therapy ($5.5m) and Specialized Treatment Education and Prevention Services Inc ($5.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 131% of the total. Compensation of current officers, directors and key employees was $704k (6.8% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $35.6m against liabilities of $1.3m, net assets of $34.3m. It reported 81 employees.