Medical Education Assistance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 66,279,807 | 65,564,432 | 715,375 | 3.5 | 31% |
| 2013 | 65,718,496 | 65,850,857 | −132,361 | 3.5 | 31% |
| 2014 | 37,879,446 | 36,459,704 | 1,419,742 | 6.8 | 58% |
| 2015 | 38,828,125 | 38,252,203 | 575,922 | 6.7 | 59% |
| 2016 | 43,392,414 | 42,413,604 | 978,810 | 6.3 | 52% |
| 2017 | 44,135,322 | 42,373,022 | 1,762,300 | 6.8 | 53% |
| 2018 | 41,975,670 | 41,680,266 | 295,404 | 7.0 | 53% |
| 2019 | 43,151,223 | 42,006,696 | 1,144,527 | 7.3 | 55% |
| 2020 | 44,996,440 | 40,462,712 | 4,533,728 | 8.9 | 65% |
| 2021 | 58,785,837 | 47,629,409 | 11,156,428 | 9.8 | 62% |
| 2022 | 54,101,517 | 50,384,238 | 3,717,279 | 9.4 | 62% |
| 2023 | 56,668,908 | 52,394,082 | 4,274,826 | 9.2 | 63% |
In its most recent public year (2023), this organization brought in $4,274,826 more than it spent. Its reserves stood at about 9.2 months of spending, up from 3.5 in 2012. Staff pay was 63% of spending.
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
Medical Education Assistance Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works