High Quality Medical Education

Analysis

High Quality Medical Education is a registered charity in United States, based in Afton, MN. It received its IRS tax-exemption ruling in November 2023, 3 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, High Quality Medical Education reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $1.2m (+1164%), an average of +1164% a year. The sharpest change came in the year to December 2023, when income rose by 1164%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, High Quality Medical Education 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 MN. Charities of a similar size with the same main cause include Warwick Community Ambulance Service Inc ($1.2m), Northland Therapeutic Riding Center ($1.2m) and Dysautonomia International Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.8% of the total. Other salaries and wages came to $72k. At year end it held assets of $1.2m against liabilities of $1.1m, net assets of $153k. It reported 2 employees.