Muscare Inc

Analysis

Muscare Inc is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Muscare Inc reported income of $212k and spending of $194k, spending 92% of its income. Across the 2 years on record, from May 2023 to May 2024, income fell from $216k to $212k (-1.9%), an average of -1.9% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Muscare Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Fathers Club Inc ($212k), Sierra Hospice ($212k) and 2r3 Treasure House ($212k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.