National Medical Fellowships Inc is a 501(c)(3) organization based in Alexandria, Virginia, registered in 2010, with $5,702,310 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$5.7M
▲ 4.8% vs prior year
Health median: $840K
Expenses (FY2024)
$10.3M
Net assets
$6.6M
Employees
—
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 National Medical Fellowships Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 National Medical Fellowships Inc: 8 mo reserves · -80% margin earns a F on this criterion. See the exact thresholds →
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 National Medical Fellowships Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 National Medical Fellowships Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.6M (FY2018) to $5.7M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-79.9%
Spent more than it raised in the latest fiscal year.
Total assets
$9.8M
Total liabilities
$3.2M
Net assets
$6.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,702,310▲4.8% | $10,256,054▲25.8% | $6,638,937▼40.9% | $9,806,648▼32.8% | 990 |
| 2023 | $5,441,202▼69.4% | $8,151,136▲4.8% | $11,239,499▼19.4% | $14,600,690▼13.5% | 990 |
| 2022 | $17,808,122▲199% | $7,780,634▲77.4% | $13,939,014▲200% | $16,882,584▲122% | 990 |
| 2021 | $5,946,697▲66.3% | $4,384,821▲20.1% | $4,647,040▲49.5% | $7,616,684▲52.8% | 990 |
| 2020 | $3,575,737▼35.8% | $3,651,691▼5.0% | $3,109,069▼2.3% | $4,985,532▲23.9% | 990 |
| 2019 | $5,565,523▲53.4% | $3,845,726▼2.8% | $3,182,199▲124% | $4,024,778▲76.7% | 990 |
| 2018 | $3,628,663 | $3,957,357 | $1,420,518 | $2,277,872 | 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.
121 grants to National Medical Fellowships Inc totaling $22.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Board of Medical Examiners | Grant - see part iv | 2024 | $1,111,714 |
| Altamed Health Services Corp | Reduced health disparity in underserved communities. | 2024 | $175,000 |
| Careoregon Inc | Scholarship fund | 2024 | $172,500 |
| Association of American Medical Colleges | Hosa elite sponsorship | 2024 | $95,000 |
| American Online Giving Foundation Inc | General support | 2024 | $44,539 |
| California Healthcare Foundation | Medical education scholarships for underrepresented minorities in california; national medical fellowships community gathering sponsorship 2025 | 2024 | $20,000 |
| Ayco Charitable Foundation | Medical / public services | 2024 | $5,100 |
| Altamed Health Services Corp | Reduced health disparity in underserved communities. | 2023 | $243,002 |
| Childrens Hospital Los Angeles | Primary care leadership program support | 2023 | $200,000 |
| National Board of Medical Examiners | Philanthropy grant - see part iv | 2023 | $118,134 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $82,750 |
| Association of American Medical Colleges | New scholarship | 2023 | $80,000 |
| Donor Advised Charitable Giving | Health | 2023 | $12,850 |
| E4e Relief LLC | Nmf health equity scholarships and research division | 2022 | $2,981,609 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $326,750 |
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Data for National Medical Fellowships Inc (EIN 01-0963657) 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.