Society for Magnetic Resonance Angiography

Analysis

Society for Magnetic Resonance Angiography is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 April 2024, Society for Magnetic Resonance Angiography reported income of $218k and spending of $186k, spending 86% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $198k to $218k (+10%), an average of +10% a year. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Magnetic Resonance Angiography sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Crisis Pregnancy Center of Monrovia ($218k), Ag for Autism ($218k) and Madison Maddy Flahertys Mission to Help Foundation Inc ($218k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. At year end it held assets of $139k against liabilities of $1,170, net assets of $138k.