Medical Center Volunteers Inc

Analysis

Medical Center Volunteers Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Medical Center Volunteers Inc reported income of $217k and spending of $174k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $217k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Medical Center Volunteers Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within OK. Charities of a similar size with the same main cause include Shane McConkey Foundation ($217k), Opportunity Living Foundation ($217k) and Lucky Cat Assistance Fund Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 0.9% of the total. Other salaries and wages came to $50k. At year end it held assets of $300k against liabilities of $22k, net assets of $278k. It reported 10 employees.