Doctors Without Borders USA

New York, NY · EIN 133433452 · FY2023 is the latest filing on record · pre-cached

Total revenue (latest FY)

$767.4M

Reserve months

3.7 months

Net assets ÷ monthly expenses

Invested in staff

Share of spending on compensation

Fundraising cost

3¢ / $1

Professional fundraising fees per dollar contributed

✨ Gemini narrative

Doctors Without Borders USA: A 4% compensation share doesn't tell the whole story of this global giant.

Doctors Without Borders USA reported total revenue of $767.4M and total expenses of $856.5M in 2023, resulting in a -12% operating margin for the year. This marks one consecutive year of deficit. The organization holds 3.7 months of operating reserves, which is lower than 63% of its peers.

Myth

A low compensation share means more money goes directly to programs.

Reality

Doctors Without Borders USA spends only 4% of its budget on compensation, yet this figure alone doesn't guarantee overall efficiency or impact. Effective organizations need skilled people, and a low compensation share might even indicate underinvestment in critical talent.

Worth watching

• The organization experienced a -12% operating margin in its latest fiscal year, contributing to a streak of one consecutive deficit year.
• Operating reserves stand at 3.7 months, which is a decrease of 7.6 months since its earliest year on record and places the organization in the 37th percentile compared to its peers.
• Professional fundraising fees are 3¢ per dollar contributed, which is a factor to consider when evaluating overall resource allocation.

Multi-year trend

Operating reserve months

Net assets ÷ monthly expenses — how long the org could run on savings alone.

Operating margin

(Revenue − expenses) ÷ revenue, per fiscal year.

How it compares to peers

Percentile rank among 75 International, Foreign Affairs organizations. Higher is framed as better on every bar here — including reserves and staff investment, which conventional overhead-ratio scoring would penalize.

Dashed line = peer median (50th percentile)

Ask about Doctors Without Borders USA

Answers are grounded only in this org's filed financial data above -- it won't guess at their programs, leadership, or anything not shown on this page.

Source: latest Form 990 PDF via ProPublica Nonprofit Explorer.