United Mitochondrial Disease Foundation Inc

Analysis

United Mitochondrial Disease Foundation Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in November 2001, 25 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 2023, United Mitochondrial Disease Foundation Inc reported income of $5.3m and spending of $3.7m, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $5.3m (+49%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Mitochondrial Disease Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Crash Inc ($5.3m), McA Tech Park Inc ($5.3m) and Project Six ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $526k (14% of expenses). Other salaries and wages came to $820k. At year end it held assets of $7.2m against liabilities of $2.3m, net assets of $4.9m. It reported 17 employees.