United MSD Foundation

Analysis

United MSD Foundation is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United MSD Foundation reported income of $305k and spending of $638k, spending 209% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $305k (-23%), an average of -6.5% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United MSD Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MS. Charities of a similar size with the same main cause include Friends of Bill Wilson Inc ($305k), D-Fi Drug-Free Irondequoit Together Inc ($305k) and Genesee County Free Medical Clinic Inc ($305k).

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 $192k. At year end it held assets of $288k against liabilities of $7,131, net assets of $281k. It reported 9 employees.