Medical Benevolence Foundation

Analysis

Medical Benevolence Foundation is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in March 1965, 61 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 2023, Medical Benevolence Foundation reported income of $7.1m and spending of $7.2m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.0m to $7.1m (+17%), an average of +5.5% a year. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Medical Benevolence Foundation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Amigos for Christ ($7.1m), Waterequity Inc ($7.1m) and One Israel Fund Ltd ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $351k (4.9% of expenses). Other salaries and wages came to $1.0m. It paid $286k in professional fundraising fees. At year end it held assets of $14.5m against liabilities of $2.1m, net assets of $12.4m. It reported 16 employees.