Melanoma Education Foundation Inc

Analysis

Melanoma Education Foundation Inc is a registered charity in United States, based in Peabody, MA. It received its IRS tax-exemption ruling in February 2001, 25 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 July 2024, Melanoma Education Foundation Inc reported income of $89k and spending of $32k, leaving 63% of income unspent that year. Across the 4 years on record, from July 2021 to July 2024, income grew from $88k to $89k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to July 2024, when income rose by 32%. Over the whole period it spent 29% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Melanoma Education Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Institute for the Study of Conflict Transformation Inc ($89k), Families Anonymous Inc ($89k) and Womens Oncology Warriors ($89k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $7,000 (22% of expenses). At year end it held assets of $707k against liabilities of $0, net assets of $707k.