Med-Project USA

Analysis

Med-Project USA is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, 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, Med-Project USA reported income of $34.6m and spending of $35.5m, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $28.4m to $34.6m (+22%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Med-Project USA sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within DC. Charities of a similar size with the same main cause include Anmed Health Cannon ($34.6m), John Muir Foundation ($34.7m) and East Texas Border Health Clinic ($34.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $60.6m against liabilities of $45.6m, net assets of $15.0m.