National MPS Society Inc

Analysis

National MPS Society Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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, National MPS Society Inc reported income of $2.3m and spending of $2.8m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.3m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National MPS Society Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Alpha Omega Alpha Honor Medical Society ($2.3m), Arc of Arizona Inc ($2.3m) and Community Improvement Corporation ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $302k (11% of expenses). Other salaries and wages came to $382k. At year end it held assets of $4.0m against liabilities of $286k, net assets of $3.7m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.