Medical Debt Resolution Inc
28-07 Jackson Ave 5th Fl, Long Island City, NY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $62,529,512 | $62,916,819 | $155,528,800 |
| FY2024 | $92,580,019 | $33,118,125 | $153,579,587 |
| FY2023 | $28,294,801 | $22,656,788 | $94,046,829 |
| FY2022 | $42,872,028 | $11,679,627 | $87,289,507 |
| FY2021 | $17,143,600 | $18,437,272 | $56,097,106 |
| FY2020 | $66,172,951 | $13,034,524 | $57,404,760 |
| FY2019 | $10,067,024 | $7,084,794 | $4,266,333 |
| FY2018 | $5,460,587 | $5,244,935 | $1,284,103 |
| FY2017 | $2,163,479 | $1,169,890 | $1,068,452 |
| FY2016 | $195,694 | $147,931 | $35,865 |
| FY2015 | $11,416 | $23,468 | -$11,898 |
| FY2014 | $2,800 | $2,646 | $154 |
Form 990 filings
The returns filed by Medical Debt Resolution Inc (EIN 47-1442997), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $61,149,489 | 98% |
| Program service revenue | $0 | 0% |
| Other revenue | $1,380,023 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $57,163,541 | 91% |
| Management & general | $3,961,424 | 6% |
| Fundraising | $1,791,854 | 3% |
What the numbers show
- Contributions & grants made up 98% of total revenue in FY2025.
- Program services accounted for 91% of functional expenses, management & general 6%, and fundraising 3%.
- 91% of functional expenses went to program services in FY2025. That is higher than 74.3% of 311 Human Services organizations in NY.
- Net assets covered about 29.7 months of expenses at the end of the reporting year. That puts it in the 76th percentile among 3188 Human Services organizations in NY.
- Total revenue was higher than 97.8% of 3341 Human Services organizations in NY.
- Total revenue rose from $2,800 in FY2014 to $62,529,512 in FY2025. Revenue increased in 8 and decreased in 3 of 11 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 12 reported years (FY2015, FY2021, FY2025).
- The highest revenue on record here is $92,580,019 in FY2024.
- Net assets grew from $154 to $155,528,800 between FY2014 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO END MEDICAL DEBT.
IRS status
| Ruling year | 2016 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | P50 — Human Services (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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