Mesothelioma Applied Research Foundation Inc

Analysis

Mesothelioma Applied Research Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2000, 26 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, Mesothelioma Applied Research Foundation Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.5m (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2020, when income rose by 167%. Over the whole period it spent 45% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mesothelioma Applied Research Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Release Recovery Foundation Inc ($1.5m), Whatcom Hospice Foundation ($1.5m) and Schizophrenia and Related Disorders Alliance of America ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $267k (17% of expenses). Other salaries and wages came to $249k. At year end it held assets of $10.0m against liabilities of $546k, net assets of $9.4m. It reported 8 employees.