Arizona Myeloma Network

Analysis

Arizona Myeloma Network is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in December 2006, 20 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, Arizona Myeloma Network reported income of $66k and spending of $56k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $66k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arizona Myeloma Network sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include Dentistry From the Heart Inc ($66k), Independent Cancer Research Foundation Inc ($66k) and Primary Billary Cholangitis Organization ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.5% of the total. At year end it held assets of $26k against liabilities of $1,510, net assets of $25k.