The International Waldenstroms Macroglobulinemia Foundation Inc

Analysis

The International Waldenstroms Macroglobulinemia Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2002, 24 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, The International Waldenstroms Macroglobulinemia Foundation Inc reported income of $3.3m and spending of $4.1m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.3m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The International Waldenstroms Macroglobulinemia Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Faith Regional Health Services Foundation ($3.3m), Western Maryland Health System Foundation Inc ($3.3m) and Camphill Communities California ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $158k (3.9% of expenses). Other salaries and wages came to $501k. At year end it held assets of $8.3m against liabilities of $236k, net assets of $8.1m. It reported 10 employees.