Myositis Support and Understanding Association

Analysis

Myositis Support and Understanding Association is a registered charity in United States, based in Lincoln, DE. It received its IRS tax-exemption ruling in July 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Myositis Support and Understanding Association reported income of $495k and spending of $430k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $444k to $495k (+11%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Myositis Support and Understanding Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within DE. Charities of a similar size with the same main cause include Humanity United with God for Society Inc ($494k), Fundacion de Esclerosis Multiple de Puerto Rico Inc ($495k) and Slappy and Mondays Foundation Forlaughter ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $244k against liabilities of $68k, net assets of $176k.