Mission
NEEDYMEDS EDUCATES AND EMPOWERS THOSE SEEKING AFFORDABLE HEALTHCARE.
Public Charity
Needymeds Inc
Based in Gloucester, MA, Needymeds Inc operates as a Public Charity. The organization reported $1.5M in revenue, $1.5M in expenses, $726K in total assets for fiscal year 2025. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $80K.
EIN: 463091990
Gloucester, MA
Alliances & Advocacy
NTEE: E01
Latest filing: 2025
Total Revenue$1.5M
Total Expenses$1.5M
Total Assets$726K
Grant Records8
Funding Total$80K
Filing Years2020–2025
Where $100 goes at Needymeds Inc
How Needymeds Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$93
Programs
the work itself
$6
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $93 for programs
$93
Needymeds, inc,provides information that helps individuals find assistance with medicine and healthcare costs
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
UNRESTRICTED
$6,969
UNRESTRICTED
$8,930
UNRESTRICTED
$10,036
CONTRIBUTION
$6,000
UNRESTRICTED
$5,411
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
TREASURER/DIRECTOR
Donald Maier Md
CHAIR/DIRECTOR
Frederick Cowan
DIRECTOR
Julie Erickson
CLERK/DIRECTOR
Roberta Downey
PRESIDENT
Ruth Rowe
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.5M | $1.5M | $726K |
| 2024 | $1.6M | $1.8M | $789K |
| 2023 | $1.7M | $1.7M | $1.0M |
| 2022 | $1.8M | $1.8M | $984K |
| 2020 | $2.2M | $2.1M | $1.1M |
Between 2020 and 2025, reported annual revenue declined from $2.2M to $1.5M (-32%), with total assets most recently reported at $726K.
Interactive year-over-year charts and full filing details available with membership.