Salem, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEDICAL RESEARCH CHARITIES INC, founded in 1991, is a small nonprofit in the Unknown sector that reported $288K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.
The mission of Medical Research Charities is to raise funds and create unique collaborations between donors, charities, and medical researchers for a healthier tomorrow. We combine forces to find cures.
Medical Research Charities (MRC) is a federation of tax-exempt organizations representing national and international member agencies. MRC provided fiscal, marketing, and campaign application services...
Medical Research Charities (MRC) is a federation of tax-exempt organizations representing national and international member agencies. MRC provided fiscal, marketing, and campaign application services to its member agencies. These services included assistance in accessing workplace funds through the Combined Federal Campaign. MRC received funds on behalf of its members from these campaigns and distributed the funds, net of its operating expenses, to the member agencies.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $288,486 | $351,241 | -0.2% |
| Expenses | $309,745 | $334,184 | -0.1% |
| Net Income | $-21,259 | $17,057 | -2.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Judi Holley | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Nokes | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Washburn | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $288,486 | $309,745 | $379,121 | $-21,259 |
| 2024 | $351,241 | $334,184 | $421,861 | $17,057 |
| 2023 | $397,089 | $345,748 | $393,601 | $51,341 |
| 2022 | $452,802 | $463,721 | $494,218 | $-10,919 |
| 2021 | $591,429 | $594,232 | $564,696 | $-2,803 |
| 2020 | $723,822 | $706,526 | $695,149 | $17,296 |
| 2019 | $707,767 | $706,654 | $679,587 | $1,113 |
| 2018 | $940,891 | $1,052,920 | $1,099,778 | $-112,029 |
Compare MEDICAL RESEARCH CHARITIES INC with other nonprofits in Massachusetts and across the country.