Medical Assisting Education Review Board

Analysis

Medical Assisting Education Review Board is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Medical Assisting Education Review Board reported income of $1.0m and spending of $692k, leaving 31% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $899k to $1.0m (+11%), an average of +12% a year. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Medical Assisting Education Review Board sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include The Ability Challenge Incorporated ($1.0m), Woodstock Academy Foundation Inc ($1.0m) and Sentinels of Freedom Scholarshipfoundation ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $201k (29% of expenses). Other salaries and wages came to $200k. At year end it held assets of $2.9m against liabilities of $174, net assets of $2.9m. It reported 5 employees.