The Iga Nephropathy Foundation of America Inc

Analysis

The Iga Nephropathy Foundation of America Inc is a registered charity in United States, based in Wall Township, NJ. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover medical research, 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, The Iga Nephropathy Foundation of America Inc reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $249k to $1.5m (+489%), an average of +143% a year. The sharpest change came in the year to December 2021, when income rose by 154%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Iga Nephropathy Foundation of America Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Tuomey Foundation ($1.5m), One Mission Inc ($1.5m) and Pathways to Care Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $70k (5.9% of expenses). Other salaries and wages came to $84k. At year end it held assets of $711k against liabilities of $3,959, net assets of $707k. It reported 4 employees.