Medic Alert Foundation United States Inc

Analysis

Medic Alert Foundation United States Inc is a registered charity in United States, based in Turlock, CA. It received its IRS tax-exemption ruling in April 1962, 64 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 September 2023, Medic Alert Foundation United States Inc reported income of $8.2m and spending of $8.6m, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $9.3m to $8.2m (-11%), an average of -2.9% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medic Alert Foundation United States Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Saint John Xxiii Home ($8.2m), Mission Farm Nursing Home Inc ($8.3m) and Pacific Island Health Officers Association ($8.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 10% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.6m (18% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $13.7m against liabilities of $6.7m, net assets of $6.9m. It reported 64 employees.