Public Charity

MEDICAL RESEARCH CHARITIES INC

MEDICAL RESEARCH CHARITIES INC is a nonprofit organization categorized as Public Charity based in Salem, MA. Its most recent IRS filing (2025) reports revenue of $288K, expenses of $310K, total assets of $379K. Imperigo tracks 26 reported grant relationships connected to this organization totaling approximately $4.4M.

EIN: 943148591 Salem, MA Latest filing: 2025
Total Revenue$288K
Total Expenses$310K
Total Assets$379K
Grant Records26
Funding Total$4.4M
Filing Years2021–2025

Mission

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.

Where $100 goes at Medical Research Charities Inc

How Medical Research Charities Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Medical Research Charities (MRC) is a federation of tax-exempt organizations representing national and international member agencies
All program spending
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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.

Officers & Directors

Treasurer Judi Holley
Secretary Mary Nokes
President Michael Washburn

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,908,415 23 grants
Unspecified
$467,483 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $288K $310K $379K
2024 $351K $334K $422K
2023 $397K $346K $394K
2022 $453K $464K $494K
2021 $591K $594K $565K

Between 2021 and 2025, reported annual revenue declined from $591K to $288K (-51%), with total assets most recently reported at $379K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MEDICAL RESEARCH CHARITIES INC

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