Friends Of@world Scleroderma Foundation Inc

Analysis

Friends Of@world Scleroderma Foundation Inc is a registered charity in United States, based in Swampscott, MA. It received its IRS tax-exemption ruling in July 2021, 5 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends Of@world Scleroderma Foundation Inc reported income of $112k and spending of $53k, leaving 53% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $10k to $112k (+1022%), an average of +1022% a year. The sharpest change came in the year to June 2023, when income rose by 1022%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Friends Of@world Scleroderma Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include El Paso County Medical Society Foundation ($112k), Intersociety Council for Pathology Information Inc ($112k) and Pregnancy Center Inc ($112k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.