Medtech Color

Analysis

Medtech Color is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2019, 7 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 December 2023, Medtech Color reported income of $614k and spending of $653k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $205k to $614k (+199%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medtech Color sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include American Society of Pediatric Otolaryngology Inc ($614k), Ensight Skill Center ($614k) and Piedmont Atlanta Hospital Auxiliary Corp ($614k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $118k (18% of expenses). At year end it held assets of $634k against liabilities of $0, net assets of $634k.