Logo for "MEDICAL DEBT RESOLUTION INC"

MEDICAL DEBT RESOLUTION INC

MEDICAL DEBT RESOLUTION INC

Long Island City, NY, US
501(c)3
EIN
47-1442997
Logo for "MEDICAL DEBT RESOLUTION INC"

MEDICAL DEBT RESOLUTION INC

Long Island City, NY, US
501(c)3
EIN
47-1442997

Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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Medical Debt Resolution Inc is a nonprofit organization dedicated to ending medical debt, operating with an annual budget of $33.1 million and generating total revenues of $92.6 million in 2024. The organization primarily focuses on personal services and is supported by multiple funders, none of which contribute 50% or more of its revenue, ensuring a diverse funding base. For more information, visit their website at www.unduemedicaldebt.org.

Mission Statement

TO END MEDICAL DEBT.
Revenues

$92.6M

Expenses

$33.1M

Net Income:
+$59.5M
Assets

$154.6M

Liabilities

$975.5K

Net Assets:
+$153.6M
Operating Budget

$33.1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

112

Median grant size
$9.3K
Largest grant received
$10.9M
D
DR Oxiris Barbot
Board Member
J
Jeff Smedsrud
Board Member
J
Jonathan Wiggs
Board Member

Frequently Asked Questions

What is MEDICAL DEBT RESOLUTION INC’s budget?
In 2024, MEDICAL DEBT RESOLUTION INC reported an annual operating budget of around $33.1 million. More detailed financial information is available to registered users.
What causes does MEDICAL DEBT RESOLUTION INC support?
MEDICAL DEBT RESOLUTION INC supports work in Personal services.
Where does MEDICAL DEBT RESOLUTION INC operate?
MEDICAL DEBT RESOLUTION INC is headquartered in Long Island City, NY.
Who funded MEDICAL DEBT RESOLUTION INC recently?
In 2025, MEDICAL DEBT RESOLUTION INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, MCKESSON FOUNDATION INC, and RAYMOND JAMES CHARITABLE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant MEDICAL DEBT RESOLUTION INC received in 2024?
The largest grant to MEDICAL DEBT RESOLUTION INC in 2024 exceeds $10.9 million.
What is MEDICAL DEBT RESOLUTION INC’s reliance on government grants?
MEDICAL DEBT RESOLUTION INC relied on government grants for more than 10% of their total revenue in 2024.
Overview
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