Michelle Paternoster Foundation for Sarcoma Research

Analysis

Michelle Paternoster Foundation for Sarcoma Research is a registered charity in United States, based in Huntingtn Sta, NY. It received its IRS tax-exemption ruling in February 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 December 2023, Michelle Paternoster Foundation for Sarcoma Research reported income of $167k and spending of $119k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $167k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Michelle Paternoster Foundation for Sarcoma Research sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Phoenix Rising Therapy Center ($167k), Ms 4 Ms ($167k) and Healing Partners of the Central Coast ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.