Usher Syndrome Society Inc

Analysis

Usher Syndrome Society Inc is a registered charity in United States, based in Needham, MA. It received its IRS tax-exemption ruling in June 2008, 18 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, Usher Syndrome Society Inc reported income of $500k and spending of $448k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $500k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Usher Syndrome Society Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Scottsbluff Community Schools Foundation Inc ($500k), LA Crosse Youth Soccer Parents Association Inc ($500k) and Dallas Firefighters Museum Incorporated ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $681k against liabilities of $0, net assets of $681k.