Committee to Protect Medicare Education Fund

Analysis

Committee to Protect Medicare Education Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2021, 5 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, Committee to Protect Medicare Education Fund reported income of $571k and spending of $727k, spending 127% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $319k to $571k (+79%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Committee to Protect Medicare Education Fund sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Dayspring Pregnancy Care Center ($571k), Center for Counseling Families Inc ($571k) and Nami Clark Greene and Madison Counties ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $43k (5.9% of expenses). Other salaries and wages came to $265k. At year end it held assets of $116k against liabilities of $112k, net assets of $3,707.