Health Tech for Medicaid

Analysis

Health Tech for Medicaid is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 2022, 4 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, Health Tech for Medicaid reported income of $371k and spending of $228k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $189k to $371k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Tech for Medicaid sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Project Be Free a Nonprofit Corporation ($371k), Tyrrell County Inner Banks Hotline Inc ($371k) and New Life Clinical Services of Virginia Corp ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.9% of the total. At year end it held assets of $571k against liabilities of $1,198, net assets of $570k.