Melanoma Research Foundation

Analysis

Melanoma Research Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 March 2024, Melanoma Research Foundation reported income of $7.8m and spending of $6.7m, spending 86% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $5.6m to $7.8m (+38%), an average of +8.4% a year. The sharpest change came in the year to March 2022, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Melanoma Research Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 85th percentile within DC. Charities of a similar size with the same main cause include Brian House Inc ($7.8m), Apprentice and Journeymen Education and Training Trust Fund U/A 130 ($7.8m) and Missouri Western State University Foundation Inc N00008837 ($7.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $260k (3.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.3m against liabilities of $2.8m, net assets of $4.4m. It reported 22 employees.