Medicine for Humanity

Analysis

Medicine for Humanity is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in February 1998, 28 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, Medicine for Humanity reported income of $120k and spending of $69k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $120k (+146%), an average of +146% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medicine for Humanity sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Recovery Cafe Arizona ($120k), San Francisco Womens Cancer Network ($120k) and Fairy Godmother Foundation of New York Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.