United Tissue Network Inc

Analysis

United Tissue Network Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Tissue Network Inc reported income of $7.6m and spending of $6.5m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $7.6m (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Tissue Network Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include American Burn Association Inc ($7.6m), International Council for Veterinary Assessment ($7.6m) and California State University San Marcos Foundation ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $430k (6.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.7m against liabilities of $1.7m, net assets of $967k. It reported 48 employees.