MPN Research Foundation

Analysis

MPN Research Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2000, 26 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, MPN Research Foundation reported income of $2.5m and spending of $3.3m, spending 133% of what it took in. Across the 6 years on record, from November 2019 to December 2023, income fell from $2.9m to $2.5m (-14%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income rose by 1623%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, MPN Research Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Ut Southwestern Health Systems ($2.5m), Bateman Horne Center of Excellence Inc ($2.5m) and Region Ten Community Services Board Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $578k (18% of expenses). Other salaries and wages came to $624k. At year end it held assets of $7.9m against liabilities of $1.5m, net assets of $6.4m. It reported 10 employees.