Musella Foundation for Brain Tumor Research & Information Inc

Analysis

Musella Foundation for Brain Tumor Research & Information Inc is a registered charity in United States, based in Hewlett, NY. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover health care, 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 2022, Musella Foundation for Brain Tumor Research & Information Inc reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.7m to $1.2m (-29%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Musella Foundation for Brain Tumor Research & Information Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Intensive Therapeutics Inc ($1.2m), Young & Healthy ($1.2m) and Youngstown Urban Minority Alcoholism & Drug Abuse Outreach P ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $205k (16% of expenses). At year end it held assets of $2.0m against liabilities of $16k, net assets of $2.0m. It reported 1 employees.