Mid-South Transplant Foundation Inc

Analysis

Mid-South Transplant Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover health care, 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, Mid-South Transplant Foundation Inc reported income of $17.5m and spending of $17.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.0m to $17.5m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mid-South Transplant Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Youth Home Inc ($17.5m), Corewell Health ($17.5m) and Jewish Family Home Care Inc ($17.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $351k (2.0% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $13.0m against liabilities of $2.3m, net assets of $10.6m. It reported 94 employees.