Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MEDICAL DEBT RESOLUTION INC is a personal services nonprofit dedicated to ending medical debt. Based on the information provided for filing year 2024, it operated with a $33.1M budget and $92.6M in total revenue, with reported support from funders including ANNA-MARIA AND STEPHEN KELLEN FOUNDATION INC C/O JOEL E SAMMET & CO LLP, ERIC AND KELLY SCHWARTZ CHARITABLE TRUST, and SCHWARTZ FAMILY FOUNDATION.

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
T
Ted Sann
Board Member
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  • 374 funders
  • 31 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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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.