Medical Care Development Incorporated
Only null% goes to programs
Medical Care Development Incorporated is a 501(c)(3) organization based in Hallowell, Maine, registered in 1966, with $33,058,107 in FY2024 revenue. CharityIndex grades it C+.
105 Second St Ste 2a, Hallowell, ME, 04347 EIN 01-6022787 Since 1966
Revenue (FY2024)
$33.1M
▼ 11.2% vs prior year
Health median: $840K
Expenses (FY2024)
$33.9M
Net assets
$2.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Medical Care Development Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Medical Care Development Incorporated: 1 mo reserves · -3% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Medical Care Development Incorporated— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Medical Care Development Incorporated: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 105 Second St Ste 2a, Hallowell, ME, 04347
- City
- Hallowell
- State
- Maine
- Category
- Health Care
- Subcategory
- Hospitals
- Website
- …
Financial trends
Revenue declined from $44.1M (FY2013) to $33.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.3MNet assets $2.9M
Operating margin
-2.6%
Spent more than it raised in the latest fiscal year.
Total assets
$12.2M
Total liabilities
$9.3M
Net assets
$2.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $33,058,107▼11.2% | $33,913,465▼12.3% | $2,898,605▼33.1% | $12,241,885▼18.1% | 990 |
| 2023 | $37,224,819▲12.7% | $38,658,632▲13.2% | $4,333,396▼23.0% | $14,939,417▼6.1% | 990 |
| 2022 | $33,032,611▲2.0% | $34,143,579▲3.9% | $5,630,528▼18.6% | $15,917,021▲21.3% | 990 |
| 2021 | $32,391,306▼12.6% | $32,864,631▼8.6% | $6,918,956▼4.9% | $13,124,569▲5.2% | 990 |
| 2020 | $37,047,180▲6.9% | $35,939,936▲4.9% | $7,275,120▲19.6% | $12,474,064▲1.6% | 990 |
| 2019 | $34,662,731▼1.3% | $34,265,973▼1.5% | $6,081,990▲7.5% | $12,282,815▲6.1% | 990 |
| 2018 | $35,123,942▲7.3% | $34,799,335▼4.5% | $5,656,023▲5.8% | $11,571,428▼5.9% | 990 |
| 2017 | $32,722,600▼34.0% | $36,452,441▼26.0% | $5,346,325▼41.0% | $12,301,324▼42.4% | 990 |
| 2016 | $49,546,197▲2.3% | $49,237,005▲2.9% | $9,055,161▲3.7% | $21,345,655▼1.0% | 990 |
| 2015 | $48,420,347▲5.1% | $47,855,874▲5.8% | $8,732,497▲6.7% | $21,551,274▲3.2% | 990 |
| 2014 | $46,068,166▲4.6% | $45,252,311▲4.8% | $8,181,317▲11.1% | $20,875,967▼14.7% | 990 |
| 2013 | $44,059,744 | $43,195,256▲6.8% | $7,365,327▲13.0% | $24,474,882▲4.5% | 990 |
| 2012 | — | $40,438,942▼3.6% | $6,519,627▲18.7% | $23,425,075▲12.5% | 990 |
| 2011 | — | $41,942,392▲0.1% | $5,493,335▲54.1% | $20,822,082▲0.5% | 990 |
| 2010 | — | $41,920,249 | $3,564,767 | $20,724,693 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $26.4M total
25 grants to Medical Care Development Incorporated totaling $26.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Population Services International | Malaria | 2024 | $224,149 |
| Population Services International | Malaria | 2023 | $2,585,150 |
| Jsi Research & Training Institute Inc | Operational support | 2023 | $607,473 |
| A Mainehealth Hcsr | Provide cultural expertise to inform substance use prevention services outreach to new mainer community | 2023 | $18,630 |
| Maine Community Foundation Inc | Health care support | 2023 | $10,000 |
| Population Services International | Malaria | 2022 | $2,699,367 |
| Donor Advised Charitable Giving | Health | 2022 | $982,445 |
| Maine Community Foundation Inc | Health care support | 2022 | $17,500 |
| A Mainehealth Hcsr | To measurably improve health outcomes associated with substance use,tobacco use and exposure, and obesity | 2022 | $12,370 |
| Population Services International | Malaria | 2021 | $3,908,557 |
| Maine Community Foundation Inc | Health care support, food programs | 2021 | $30,000 |
| Population Services International | Malaria | 2020 | $3,169,596 |
| Share Our Strength | Childhood hunger programs | 2020 | $20,000 |
| Maine Community Foundation Inc | Health care support, covid-19 related assistance | 2020 | $16,500 |
| Population Services International | Malaria | 2019 | $2,037,073 |
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Frequently asked questions
- Is Medical Care Development Incorporated a legitimate nonprofit?
- Yes. Medical Care Development Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-6022787, based in Hallowell, Maine. Donations are tax-deductible.
- What is Medical Care Development Incorporated's EIN?
- Medical Care Development Incorporated's Employer Identification Number (EIN) is 01-6022787.
- How much revenue does Medical Care Development Incorporated report?
- Medical Care Development Incorporated reported $33,058,107 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Medical Care Development Incorporated have?
- CharityIndex grades Medical Care Development Incorporated C+, based on financial health (reserves and operating margin).
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Explore more
Data for Medical Care Development Incorporated (EIN 01-6022787) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.