Medisend College of Biomedical Engineering Technology

Analysis

Medisend College of Biomedical Engineering Technology is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1990, 36 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 December 2023, Medisend College of Biomedical Engineering Technology reported income of $1.8m and spending of $1.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Medisend College of Biomedical Engineering Technology sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Rights Action Lab Inc ($1.8m), Christian Solidarity International Inc ($1.8m) and Amigos Del Orfanato Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $350k (22% of expenses). Other salaries and wages came to $465k. At year end it held assets of $3.9m against liabilities of $2.9m, net assets of $1.1m. It reported 9 employees.