Usher 1f Collaborative Inc

Analysis

Usher 1f Collaborative Inc is a registered charity in United States, based in Newtonville, MA. It received its IRS tax-exemption ruling in August 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, Usher 1f Collaborative Inc reported income of $447k and spending of $646k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $784k to $447k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Usher 1f Collaborative Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Idaho Federation of Families for Childrens Mental Health Inc ($446k), Develop Minded Therapies ($447k) and North Benton Ambulance Service Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $65k. At year end it held assets of $811k against liabilities of $7,699, net assets of $803k. It reported 1 employees.