Medical Research (H11) IRS Verified DX Registered 990 on File

MED13L FOUNDATION INC

EIN: 82-2469441 · PARK RIDGE, IL 60068-4029 · United States · FY 2023 Data

3 out of 5 54 / 100 Based on 2+ years of filings

Financial strength (30%) 84/100

Reliability (20%) 45/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Financial Overview — FY 2023

$609K

Total Revenue

$201K

Total Expenses

$740K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 81.1%

Fundraising Efficiency N/A

Operating Reserve 44.12x

Liability-to-Asset 0.0%

Revenue Diversification 98.9%

Compared with Peers

FY 2023

Compared with 1,004 similar organizations (United States, Medical Research, $100K–$1M in expenses), FY 2023.

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	81.1%	86.3%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	17.8%	10.6%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.1%	0.0%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	44.1 mo	13.1 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.3%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	98.9%	95.3%	P10P90	Below median
Revenue growth Year over year revenue growth	88.0%	4.8%	P10P90
Expense growth Year over year expense growth	383.6%	12.9%	P10P90
Surplus margin Surplus as a share of revenue	67.0%	-0.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$609K	$201K	$740K	81.1%	0
2022	$324K	$42K	$332K	84.6%	0
2021	$99K	$53K	$50K	95.4%	—

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Organization Details

EIN: 82-2469441
State: IL
City: PARK RIDGE
ZIP: 60068-4029
Classification: H11
Category: Medical Research
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2017
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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