Advances in Mineral Metabolism

Analysis

Advances in Mineral Metabolism is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in August 1994, 32 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, Advances in Mineral Metabolism reported income of $70k and spending of $74k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $70k (+3.5%), an average of +3.5% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Advances in Mineral Metabolism sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Grace Missions Mozambique Inc ($70k), Clay County Cancer Crusaders Inc ($70k) and Beatitude Care Foundation ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.