Mho Research Foundation Inc

Analysis

Mho Research Foundation Inc is a registered charity in United States, based in Englewd CLFS, NJ. It received its IRS tax-exemption ruling in June 2016, 10 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, Mho Research Foundation Inc reported income of $50k and spending of $181k, spending 359% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $50k (-74%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 60%. Over the whole period it spent 151% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mho Research Foundation Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Run Freely ($50k), Health Equipment Loan Program ($50k) and Maureen J Meehl Bipolar BPD Foundation ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $95k. At year end it held assets of $75k against liabilities of $312, net assets of $74k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.