Molar Express

Analysis

Molar Express is a registered charity in United States, based in Newport, RI. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Molar Express reported income of $429k and spending of $455k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $454k to $429k (-5.7%), an average of -1.2% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Molar Express sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 63rd percentile within RI. Charities of a similar size with the same main cause include Agewell Pace ($429k), Aimee Copeland Foundation Inc ($429k) and Richmond County Cancer Care Treasure Shop ($429k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $164k against liabilities of $0, net assets of $164k.