Mycoses Study Group Education and Research Consortium

Analysis

Mycoses Study Group Education and Research Consortium is a registered charity in United States, based in Irondale, AL. It received its IRS tax-exemption ruling in December 2014, 12 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, Mycoses Study Group Education and Research Consortium reported income of $121k and spending of $147k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $248k to $121k (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 156%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mycoses Study Group Education and Research Consortium sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within AL. Charities of a similar size with the same main cause include Dementia Spring Foundation ($121k), Flagmans Sober Living Inc ($121k) and Accma Community Health Foundation ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $423k against liabilities of $70k, net assets of $353k.