Medical Debt Resolution Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 2,800 | 2,646 | 154 | 0.7 | — |
| 2015 | 11,416 | 23,468 | −12,052 | -6.1 | — |
| 2016 | 195,694 | 147,931 | 47,763 | 2.9 | — |
| 2017 | 2,163,479 | 1,169,890 | 993,589 | 11.0 | 22% |
| 2018 | 5,460,587 | 5,244,935 | 215,652 | 2.9 | 15% |
| 2019 | 10,067,024 | 7,084,794 | 2,982,230 | 7.2 | 14% |
| 2020 | 66,172,951 | 13,034,524 | 53,138,427 | 52.8 | 10% |
| 2021 | 17,143,600 | 18,437,272 | −1,293,672 | 36.5 | 11% |
| 2022 | 42,872,028 | 11,679,627 | 31,192,401 | 89.7 | 10% |
| 2023 | 28,294,801 | 22,656,788 | 5,638,013 | 49.8 | 8% |
In its most recent public year (2023), this organization brought in $5,638,013 more than it spent. Its reserves stood at about 49.8 months of spending, up from 0.7 in 2014. Staff pay was 8% of spending. $11,479,440 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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