Multiple Sclerosis Resources of Central New York Inc

Analysis

Multiple Sclerosis Resources of Central New York Inc is a registered charity in United States, based in East Syracuse, NY. It received its IRS tax-exemption ruling in February 1999, 27 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 2023, Multiple Sclerosis Resources of Central New York Inc reported income of $280k and spending of $218k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $282k to $280k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Multiple Sclerosis Resources of Central New York Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Chelseas Hope Lafora Children Research Fund ($280k), Caldwell Halfway House Inc ($280k) and Behome Partners ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $75k (34% of expenses). Other salaries and wages came to $53k. At year end it held assets of $503k against liabilities of $35k, net assets of $468k. It reported 2 employees.