Medicare Rights Center Inc
Medicare Rights Center Inc shows consistent growth in assets and revenue with no reported officer compensation.
EIN: 133505372 · New York, NY · NTEE: E050 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $4.1M |
| Program Spending | 85% |
| Net Assets | $4.6M |
| Transparency Score | 88/100 |
Is Medicare Rights Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medicare Rights Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medicare Rights Center Inc
Medicare Rights Center Inc (EIN: 133505372) is a nonprofit organization based in New York, NY, classified under NTEE code E050. The organization reported total revenue of $5.5M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medicare Rights Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medicare Rights Center Inc is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$194K |
| Total Assets | $6.2M |
| Total Liabilities | $1.7M |
| Net Assets | $4.6M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 26.6% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Medicare Rights Center Inc reported a surplus of $194K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 26.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Medicare Rights Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | +13.7% | +33.3% |
| 2022 | +0.3% | -4.0% | +8.1% |
| 2021 | -2.6% | +5.2% | +3.7% |
| 2020 | +2.3% | -3.5% | +29.0% |
| 2019 | +14.4% | +-0.0% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Medicare Rights Center Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Medicare Rights Center Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $194K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.6%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is highly unusual for an organization of this size and revenue, suggesting that executive salaries may be categorized differently or are exceptionally low, which enhances transparency regarding direct compensation to officers.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Medicare Rights Center Inc's IRS 990 filings:
- Significant increase in liabilities from $378,270 in 2022 to $1,660,699 in 2023, requiring further investigation.
Strengths
The following positive indicators were identified for Medicare Rights Center Inc:
- Consistent growth in assets, from $2,110,996 in 2014 to $6,234,533 in 2023.
- Positive net income in most years, indicating financial stability (e.g., 2023: Revenue $4,289,491 vs. Expenses $4,095,816).
- No reported officer compensation across all filings, suggesting high transparency or very low executive pay.
- Stable revenue generation over the past decade, demonstrating consistent donor support or funding.
Frequently Asked Questions about Medicare Rights Center Inc
Is Medicare Rights Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Medicare Rights Center Inc (EIN: 133505372) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Medicare Rights Center Inc spend its money?
Medicare Rights Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Medicare Rights Center Inc tax-deductible?
Medicare Rights Center Inc is registered as a tax-exempt nonprofit (EIN: 133505372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Medicare Rights Center Inc's spending goes to programs?
Medicare Rights Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Medicare Rights Center Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Medicare Rights Center Inc is above average for NTEE category E050 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Medicare Rights Center Inc located?
Medicare Rights Center Inc is headquartered in New York, New York and files with the IRS under EIN 133505372. It is classified under NTEE code E050.
How many years of IRS 990 filings does Medicare Rights Center Inc have?
Medicare Rights Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.5M in total revenue.
Is Medicare Rights Center Inc a good charity?
Based on the provided data, the Medicare Rights Center Inc appears to be a good charity, demonstrating consistent financial growth, a strong focus on program spending, and high transparency regarding officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $2,110,996 in 2014 to $6,234,533 in 2023, and revenue generally increasing from $2,773,977 in 2014 to $4,289,491 in 2023, indicating stable growth.
What is the trend in liabilities?
Liabilities have fluctuated but show a significant increase in the latest period, from $378,270 in 2022 to $1,660,699 in 2023, which warrants further examination of the nature of these liabilities.
Filing History
IRS 990 filing history for Medicare Rights Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Medicare Rights Center Inc's revenue has grown by 27.5%, moving from $3.4M to $4.3M. Total assets increased by 174.6% over the same period, from $2.3M to $6.2M. Total functional expenses rose by 35.9%, from $3.0M to $4.1M. In its most recent filing year (2023), Medicare Rights Center Inc reported a surplus of $194K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $6.2M in assets (debt-to-asset ratio: 26.6%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.1M | $6.2M | $1.7M | — | — |
| 2022 | $4.0M | $3.6M | $4.7M | $378K | — | View 990 |
| 2021 | $4.0M | $3.8M | $4.3M | $280K | — | View 990 |
| 2020 | $4.1M | $3.6M | $4.2M | $565K | — | View 990 |
| 2019 | $4.0M | $3.7M | $3.2M | $191K | — | View 990 |
| 2018 | $3.5M | $3.7M | $2.8M | $143K | — | View 990 |
| 2017 | $4.0M | $3.7M | $3.0M | $117K | — | View 990 |
| 2016 | $3.5M | $3.7M | $2.7M | $221K | — | View 990 |
| 2015 | $3.9M | $3.1M | $2.9M | $70K | — | View 990 |
| 2014 | $2.8M | $2.7M | $2.1M | $66K | — | View 990 |
| 2013 | $2.8M | $2.8M | $2.1M | $69K | — | View 990 |
| 2012 | $2.7M | $2.8M | $2.0M | $77K | — | View 990 |
| 2011 | $3.4M | $3.0M | $2.3M | $177K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.1M, and assets of $6.2M (revenue +6.5% year-over-year).
- 2022: Revenue of $4.0M, expenses of $3.6M, and assets of $4.7M (revenue +0.3% year-over-year).
- 2021: Revenue of $4.0M, expenses of $3.8M, and assets of $4.3M (revenue -2.6% year-over-year).
- 2020: Revenue of $4.1M, expenses of $3.6M, and assets of $4.2M (revenue +2.3% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.7M, and assets of $3.2M (revenue +14.4% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.7M, and assets of $2.8M (revenue -11.5% year-over-year).
- 2017: Revenue of $4.0M, expenses of $3.7M, and assets of $3.0M (revenue +14.4% year-over-year).
- 2016: Revenue of $3.5M, expenses of $3.7M, and assets of $2.7M (revenue -10.1% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.1M, and assets of $2.9M (revenue +39.4% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.7M, and assets of $2.1M (revenue -1.8% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.8M, and assets of $2.1M (revenue +6.1% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.8M, and assets of $2.0M (revenue -20.8% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.0M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medicare Rights Center Inc:
Data Sources and Methodology
This transparency report for Medicare Rights Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.