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Private company

Undue Medical Debt

American charity

Undue Medical Debt, formerly RIP Medical Debt, is a Long Island City–based 501(c)(3) charity focused on the elimination of personal medical debt. Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt.2 Its revenue was $28.3 million in 2023.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2014Founded1

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Undue Medical Debt, formerly RIP Medical Debt, is a Long Island City–based 501(c)(3) charity focused on the elimination of personal medical debt. Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt.2

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Undue Medical Debt revenue by year1$28.3M in 2023+1010429% since 2014
0$20.0M$40.0M$60.0M$80.0M2014: $2.8K$2.8K20142015: $11.4K$11.4K2015+308%2016: $195.7K$195.7K2016+1614%2017: $2.2M$2.2M2017+1006%2018: $5.5M$5.5M2018+152%2019: $10.1M$10.1M2019+84%2020: $66.2M$66.2M2020+557%2021: $17.1M$17.1M2021−74%2022: $42.9M$42.9M2022+150%2023: $28.3M$28.3M2023−34%
  • 2023$28.3M1
  • 2022$42.9M1
  • 2021$17.1M1
  • 2020$66.2M1
  • 2019$10.1M1
  • 2018$5.5M1

Timeline

  1. 2014Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2