Monitor My Health Inc

Analysis

Monitor My Health Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in December 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Monitor My Health Inc reported income of $1.2m and spending of $949k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $498k to $1.2m (+143%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monitor My Health Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include 3c Community Clinic ($1.2m), Narconon International ($1.2m) and Rape Response Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $93k (9.8% of expenses). Other salaries and wages came to $442k. At year end it held assets of $1.1m against liabilities of $434k, net assets of $662k. It reported 7 employees.