Susan Mast ALS Foundation Inc

Analysis

Susan Mast ALS Foundation Inc is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in August 2016, 10 years ago. 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, Susan Mast ALS Foundation Inc reported income of $394k and spending of $490k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $432k to $394k (-8.7%), an average of -2.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Susan Mast ALS Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Maryland Federation of Art Inc ($394k), Arts Council of Wayne County ($394k) and Yellow Springs Senior Citizens Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $78k (16% of expenses). Other salaries and wages came to $143k. At year end it held assets of $364k against liabilities of $0, net assets of $364k. It reported 9 employees.