Charity Impact Media

Home › Human services

MedAssist of Mecklenburg

Also known as NC Medassist

Charlotte, NC · EIN 56-2018957 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

MedAssist of Mecklenburg reported $53.0 million in revenue and $52.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.35 went to program services, $0.93 to management and general costs and $0.72 to fundraising. Its largest source of revenue was contributions and grants: 99.5% of the total. The highest compensation it reported for one person was $168,816 (Chief Operating). 2 people received more than $100,000 in reportable compensation. Revenue fell 36% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $53M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $53M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
98.4%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
0.9%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.7%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.5%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
3.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$168,816$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.32%1.18%
People paid over $100,000
Part VII, line 2
26
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.66.9
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$52M expenses · 100.0% of program spending

NC MedAssist is a nonprofit pharmacy program that provides access to lifesaving prescription medications, over the counter (OTC) medicines, patient support, advocacy, and related services to poor, vulnerable, and uninsured residents across North Carolina. During the reporting year, NC MedAssist advanced its mission through expanded partnerships, improved operational efficiency, and enhanced patient-centered programming aligned with Year 2 of its strategic plan. Within the Free Pharmacy Program, NC MedAssist continued to respond to industry-wide changes as pharmaceutical manufacturers…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Chief Operating
Listed in Part VII, 40.00 hrs/week
$162,696$0$6,120$168,816
CEO
Officer, 40.00 hrs/week
$141,086$0$6,120$147,206

2 people received more than $100,000 in reportable compensation from MedAssist of Mecklenburg (Part VII, line 2). Compensation of current officers, directors and key employees totaled $147K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100MFY2020FY2021FY2022FY2023FY2024FY2025$53M$53M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$53M$53M98.4%$12M$168,816
FY2024 ⓘ$66M$67M98.9%$11M$167,530
FY2023 ⓘ$74M$75M99.3%$12M$163,061
FY2022 ⓘ$71M$69M99.0%$13M$152,627
FY2021 ⓘ$72M$69M98.9%$10M$146,664
FY2020 ⓘ$83M$82M99.3%$6.5M$135,053

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 555
  • Volunteers Part I, line 65,613

Private foundation grants it received

8 private foundations reported grants to MedAssist of Mecklenburg totaling $682K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from MedAssist of Mecklenburg's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for MedAssist of Mecklenburg, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in North Carolina

Questions people ask

How much of MedAssist of Mecklenburg's spending goes to programs?

In the fiscal year ending June 30, 2025, MedAssist of Mecklenburg reported that 98.4% of its $52.8 million in expenses went to program services, 0.9% to management and general and 0.7% to fundraising (Form 990, Part IX).

How much does MedAssist of Mecklenburg pay its top executive?

The largest total compensation MedAssist of Mecklenburg reported for one person in the fiscal year ending June 30, 2025 was $168,816, for the role of Chief Operating (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does MedAssist of Mecklenburg get its money?

Of $53.0 million in revenue in the fiscal year ending June 30, 2025, 99.5% came from contributions and grants (including 3.0% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is MedAssist of Mecklenburg a registered charity?

The IRS lists EIN 56-2018957 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631109349300238 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510209349300001 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441239349300119 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341259349302014 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221339349304127 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202120089349301932 · read the filing

All filings for EIN 56-2018957: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.