Medina Healthcare Fund

Analysis

Medina Healthcare Fund is a registered charity in United States, based in Hondo, TX. It received its IRS tax-exemption ruling in September 2003, 23 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 September 2023, Medina Healthcare Fund reported income of $65k and spending of $6,111, leaving 91% of income unspent that year. Across the 3 years on record, from September 2020 to September 2023, income fell from $251k to $65k (-74%), an average of -49% a year. The sharpest change came in the year to September 2021, when income dropped by 83%. Over the whole period it spent 153% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medina Healthcare Fund sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Micah Wessman Foundation ($65k), Huntington West Virginia Scottish Rite of Frcemasonry Foundation Inc ($65k) and Philippine Medical Association of San Diego ($65k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $409k against liabilities of $0, net assets of $409k.