Tisch Multiple Sclerosis Research Center of New York Inc

Analysis

Tisch Multiple Sclerosis Research Center of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover medical research, 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 December 2023, Tisch Multiple Sclerosis Research Center of New York Inc reported income of $11.7m and spending of $10.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.7m to $11.7m (+0.2%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 27%. 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, Tisch Multiple Sclerosis Research Center of New York Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Hope House Inc ($11.7m), Mercy Foundation of Des Moines Iowa ($11.7m) and Affiliated Service Providers of Indiana Inc ($11.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Other salaries and wages came to $2.5m. It paid $185k in professional fundraising fees. At year end it held assets of $32.2m against liabilities of $16.6m, net assets of $15.5m. It reported 46 employees.