Medical Debt Resolution Inc
Long Island City, New York
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $28,294,801↓34% | $22,656,788↑94% | $95,897,379↑9% | — |
| 2022 | $42,872,028↑150% | $11,679,627↓37% | $88,257,653↑56% | — |
| 2021 | $17,143,600↓74% | $18,437,272↑41% | $56,504,785↓2% | — |
| 2020 | $66,172,951↑557% | $13,034,524↑84% | $57,765,850↑1163% | — |
| 2019 | $10,067,024↑84% | $7,084,794↑35% | $4,572,339↑190% | — |
| 2018 | $5,460,587↑152% | $5,244,935↑348% | $1,577,897↑41% | — |
| 2017 | $2,163,479↑1006% | $1,169,890↑691% | $1,121,826↑1836% | — |
| 2016 | $195,694↑1614% | $147,931↑530% | $57,945↑2915% | — |
| 2015 | $11,416↑308% | $23,468↑787% | $1,922↑1148% | — |
| 2014 | $2,800 | $2,646 | $154 | — |
Frequently Asked Questions
What does Medical Debt Resolution Inc do?▼
Medical Debt Resolution Inc is a human services nonprofit organization based in New York. It is classified under NTEE code P50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Medical Debt Resolution Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Medical Debt Resolution Inc has a score of 83/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Medical Debt Resolution Inc generate?▼
Medical Debt Resolution Inc reports $92.6M in annual revenue and holds $154.6M in total assets, based on IRS filings.
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