Myalgic Encephalomyelitis Action Network Inc

Analysis

Myalgic Encephalomyelitis Action Network Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in June 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Myalgic Encephalomyelitis Action Network Inc reported income of $860k and spending of $725k, spending 84% of its income. Across the 5 years on record, from December 2018 to September 2023, income grew from $698k to $860k (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2022, when income rose by 22%. 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, Myalgic Encephalomyelitis Action Network Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Stanley M Marks Blood Cancer Research Fund ($859k), Newington Emergency Medical Service Inc ($860k) and Carlos Otis Stratton Mountain Clinic Inc ($859k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $91k (13% of expenses). Other salaries and wages came to $355k. At year end it held assets of $169k against liabilities of $30k, net assets of $139k. It reported 8 employees.