Myositis Association

Analysis

Myositis Association is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Myositis Association reported income of $1.2m and spending of $1.9m, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Myositis Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MD. Charities of a similar size with the same main cause include A2sv Foundation ($1.2m), Blessings Under the Bridge ($1.3m) and Consortium for Early Learning Services ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $235k (12% of expenses). Other salaries and wages came to $226k. At year end it held assets of $1.8m against liabilities of $489k, net assets of $1.3m. It reported 8 employees.