Medicos Mission Fund

Analysis

Medicos Mission Fund is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in October 2021, 5 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 (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, Medicos Mission Fund reported income of $3.6m and spending of $3.0m, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.2m to $3.6m (+209%), an average of +76% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medicos Mission Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include National Alopecia Areata Foundation ($3.6m), Echoing Hope Ranch ($3.6m) and United Cerebral Palsy Association of San Diego County ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $4.4m against liabilities of $1.5m, net assets of $2.9m. It reported 6 employees.