Soft Bones Inc the US Hypophosphatasia Foundation

Analysis

Soft Bones Inc the US Hypophosphatasia Foundation is a registered charity in United States, based in Boonton, NJ. It received its IRS tax-exemption ruling in May 2010, 16 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, Soft Bones Inc the US Hypophosphatasia Foundation reported income of $585k and spending of $775k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $585k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Soft Bones Inc the US Hypophosphatasia Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Ark LA Tex Crisis Pregnancy Center ($585k), Hope Within Ministries Inc ($585k) and California Hospice Network ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $217k. At year end it held assets of $535k against liabilities of $7,653, net assets of $527k. It reported 7 employees.