South Carolina Medical Association Members Insurance Trust
Columbia, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $28,262,156↓3% | $30,013,670↓1% | $27,628,266↓4% | — |
| 2022 | $29,085,358↓10% | $30,371,115↓3% | $28,758,819↓6% | — |
| 2021 | $32,166,082↓6% | $31,242,651↓7% | $30,479,111↑1% | — |
| 2020 | $34,185,131↓3% | $33,532,181↓6% | $30,169,976↑4% | — |
| 2019 | $35,378,127↓3% | $35,644,669↓8% | $29,133,394↓2% | — |
| 2018 | $36,480,111↑25% | $38,823,753↑37% | $29,880,215↓7% | — |
| 2017 | $29,281,190↑13% | $28,417,960↑19% | $32,202,467↑12% | — |
| 2016 | $25,966,592↓18% | $23,816,784↓17% | $28,853,694↑4% | — |
| 2015 | $31,500,038↓20% | $28,822,097↓29% | $27,725,457 | — |
| 2014 | $39,494,578↓7% | $40,777,636↓8% | $27,678,705↓8% | — |
| 2013 | $42,512,738↑1% | $44,471,995↑7% | $30,228,271↓5% | — |
| 2012 | $41,920,682↑6% | $41,661,936↑13% | $31,661,755↑4% | — |
| 2011 | $39,493,141 | $36,765,905 | $30,478,065 | — |
Frequently Asked Questions
What does South Carolina Medical Association Members Insurance Trust do?▼
South Carolina Medical Association Members Insurance Trust is a mutual & membership benefit nonprofit organization based in South Carolina. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is South Carolina Medical Association Members Insurance Trust financially healthy?▼
Based on our 9-metric Financial Health Score model, South Carolina Medical Association Members Insurance Trust has a score of 46/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does South Carolina Medical Association Members Insurance Trust generate?▼
South Carolina Medical Association Members Insurance Trust reports $28.3M in annual revenue and holds $26.6M in total assets, based on IRS filings.
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