Medical Research
(H00Z)
IRS Verified
DX Registered
990 on File
RELIANT FOUNDATION INC
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Reliant Medical Group Foundation promotes health in Central Massachusetts through education, innovation, support of quality improvement and access to services.
Financial Overview — FY 2024
$2.5M
Total Revenue
$1.7M
Total Expenses
$28.8M
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
60.3%
Fundraising Efficiency
77.7%
Operating Reserve
208.89x
Liability-to-Asset
0.4%
Revenue Diversification
93.4%
Compared with Peers
FY 2024
Compared with 332 similar organizations
(United States, Medical Research, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
60.3% | 83.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
33.1% | 10.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.6% | 2.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
77.7% | 97.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
208.9 mo | 12.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.4% | 10.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.4% | 90.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
261.2% | 12.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
9.6% | 11.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34.0% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.5M | $1.7M | $28.8M | 60.3% | 5 |
| 2023 | $695K | $1.5M | $27.7M | 56.2% | 5 |
| 2022 | $445K | $1.5M | $25.9M | 56.4% | 6 |
| 2021 | $1.7M | $1.4M | N/A | — | 3 |
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