Mycological Society of America the

Analysis

Mycological Society of America the is a registered charity in United States, based in Windsor, WI. It received its IRS tax-exemption ruling in April 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Mycological Society of America the reported income of $234k and spending of $139k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $402k to $234k (-42%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mycological Society of America the sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Citizens Commission on Human Rights ($234k), Israel Benevolence Fund Inc ($234k) and Paralyzed Veterans of America ($234k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 8.2% and program service revenue 75% of the total. At year end it held assets of $2.6m against liabilities of $23k, net assets of $2.6m.