Impact Melanoma Inc

Analysis

Impact Melanoma Inc is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Impact Melanoma Inc reported income of $1.0m and spending of $1.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.0m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Impact Melanoma Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Michelles Place ($1.0m), Oklahoma Heart Hospital Research Foundation ($1.0m) and Turning Green ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 142% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $179k (15% of expenses). Other salaries and wages came to $493k. At year end it held assets of $705k against liabilities of $182k, net assets of $522k. It reported 10 employees.