Multiple Sclerosis Association of America Inc

Analysis

Multiple Sclerosis Association of America Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in May 1971, 55 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2024, Multiple Sclerosis Association of America Inc reported income of $7.8m and spending of $8.2m, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $7.9m to $7.8m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 98% 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 Association of America Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Retina Foundation of the Southwest ($7.8m), Paul J Cooper Ctr for Human Serv ($7.9m) and Valley Community Counseling Services ($7.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $868k (11% of expenses). Other salaries and wages came to $1.4m. It paid $58k in professional fundraising fees. At year end it held assets of $7.4m against liabilities of $628k, net assets of $6.8m. It reported 34 employees.