Myasthenia Gravis Foundation of Illinois Inc

Analysis

Myasthenia Gravis Foundation of Illinois Inc is a registered charity in United States, based in Elmhurst, IL. It received its IRS tax-exemption ruling in October 1955, 71 years ago. 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 2023, Myasthenia Gravis Foundation of Illinois Inc reported income of $170k and spending of $204k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $170k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Myasthenia Gravis Foundation of Illinois Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Dixie Softball Inc ($170k), Mission Main Tenants Task Force Incorporated ($170k) and Hurricane Swim Club ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $1.3m against liabilities of $48k, net assets of $1.3m.