Logo for "Medical Care Development Inc"

Medical Care Development Inc

Medical Care Development Inc

Hallowell, ME, US
a.k.a MCD Global Health
501(c)(3)
EIN
01-6022787
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "Medical Care Development Inc"

Medical Care Development Inc

Hallowell, ME, US
a.k.a MCD Global Health
501(c)(3)
EIN
01-6022787
Women Led
BIPOC Led
LGBTQ+ Led

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$33,058,107

Program Services
>99%
Investments
<1%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$33,913,465

Salaries & Benefits
57%
Other
32%
Fees to Service Providers
8%
Offices, Occupancy & IT
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$70,405
$45,031
-36%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$37,122,872
$32,967,795
-11%
Membership Dues
$0
$0
-
Investments
$31,542
$45,281
+44%
Other
$0
$0
-
Total Revenues
$37,224,819
$33,058,107
-11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$21,339,369
$19,429,257
-9%
Fees to Service Providers
$2,799,834
$2,575,499
-8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,391,997
$1,169,608
-16%
Interest
$0
$0
-
Depreciation
$54,833
$48,078
-12%
Other
$13,072,599
$10,691,023
-18%
Total Expenses
$38,658,632
$33,913,465
-12%
Net income
2023
2024
Change
Net income
-$1,433,813
-$855,358
+40%
Functional Expenses
Summary
2023
2024
Change
Program
$31,351,886
$27,340,072
-13%
Admin
$7,306,746
$6,573,393
-10%
Fundraising
$0
$0
-
Total Expenses
$38,658,632
$33,913,465
-12%
Income Statement
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