Musculoskeletal Transplant Foundation Inc
Analysis
Musculoskeletal Transplant Foundation Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in May 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Musculoskeletal Transplant Foundation Inc reported income of $493.5m and spending of $488.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $460.8m to $493.5m (+7.1%), an average of +1.7% a year. 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, Musculoskeletal Transplant Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NJ. Charities of a similar size with the same main cause include Highmark Health ($492.9m), Iowa Health System ($495.1m) and Augusta Health Care Inc ($492.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $4.9m (1.0% of expenses). Other salaries and wages came to $109.6m. At year end it held assets of $323.2m against liabilities of $213.0m, net assets of $110.2m. It reported 1,546 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 97%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Highmark Health | Pittsburgh | $492.9m |
| Iowa Health System | WDM | $495.1m |
| Augusta Health Care Inc | Fishersville | $492.0m |
| University Health Services Inc | Augusta | $495.7m |